UK long-term inflation expectations inch up in Citi/YouGov poll

One-year inflation expectations unchanged

The Bank of England is likely watching the monthly surveys from Citi/YouGov on British inflation expectations. This month's reading will give them some reassurance that higher price expectations aren't creating a feedback loop.

The good news is that one-year inflation expectations were unchanged at 3.1% in August. The bad news is that long-term inflation expectations ticked up to 3.5% from 3.4%.

These numbers run higher than reality everywhere so policymakers pay attention to changes rather than the absolute numbers.

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September 07, 2021 at 12:24AM
Adam Button
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