The Bank of England (BoE) released its quarterly survey on Friday. Consumer inflation expectations for the coming year in the UK remained unchanged at 2.0% in December.
Inflation expectations for coming two years in the U.K. climbed to 2.9% in December from 2.8% in August.
The consumer price inflation in the U.K. was -0.1% in October, below the central bank's 2% target.