• BoE DMP Survey: UK firms’ inflation expectations decline to 2.6% in September quarter

Noticias del mercado

3 octubre 2024

BoE DMP Survey: UK firms’ inflation expectations decline to 2.6% in September quarter

The latest Bank of England (BoE) Decision Maker Panel (DMP) survey showed on Thursday that “one-year ahead expected CPI inflation by the UK firms dropped by another 0.1 percentage points to 2.6% in the quarter to September.”

Key takeaways

Expected year-ahead wage growth remained unchanged at 4.1% on a three-month moving-average basis in September.

Business uncertainty fell in the three months to September.

The survey is one of the most closely watched by members of the BoE's Monetary Policy Committee (MPC).

Market reaction

The Pound Sterling sell-off extends on the UK businesses’ inflation expectations, as GBP/USD sheds 1.15% on the day to trade near 1.3115, at the press time.

Enfoque del mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Abrir cuenta demo y página personal
Entiendo y acepto la Política de Privacidad y estoy de acuerdo con que mi nombre y datos de contacto sean procesados por TeleTrade y utilizados para contactarme en lo referente a: