• BoE DMP Survey: UK firms' inflation expectations decline in February

Notícias do Mercado

7 março 2024

BoE DMP Survey: UK firms' inflation expectations decline in February

 The latest Bank of England (BoE) Decision Maker Panel (DMP) survey for February showed on Thursday that UK firms expect their output price inflation to decline over the next year.

Key takeaways

One-year ahead CPI inflation expectations declined further to 3.3% in February, down from 3.4% in January.

Expected year-ahead wage growth remained unchanged at 5.2%.

Three-year ahead CPI inflation expectations fell to 2.8% from 2.9%.

Market reaction

The Pound Sterling is little affected by the UK businesses’ falling inflation expectations, as GBP/USD gains 0.18% on the day to trade at 1.2750, as of writing.

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