UK public inflation expectations cool in May - BoE survey

Market news

18 June 2021

UK public inflation expectations cool in May - BoE survey

Reuters reports that according to a Bank of England survey that may give its officials confidence that rising price pressures are not becoming engrained in the popular psyche, the British public's expectations for inflation cooled last month.

Inflation expectations for the year ahead fell to 2.4% from 2.7% in its February survey. Expectations for inflation in the long term also eased, to 2.7% from 2.9%.

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