1 Jul 2015
UK inflation expectations rise in June – Citi/YouGov poll
FXStreet (Mumbai) - The monthly Citi/YouGov poll on Wednesday showed UK citizen’s expectations for inflation in the next 12 months rose in June.
Inflation expectations rose to 1.4% in June, the highest reading since March, from 1.0% in May. Inflation expectations for next five years to 10 years rose to 2.7% from 2.6%.
Meanwhile, a Bank of England staff paper showed Britons’ falling inflation expectations could pose risks to BOE’s 2% inflation target.
Inflation expectations rose to 1.4% in June, the highest reading since March, from 1.0% in May. Inflation expectations for next five years to 10 years rose to 2.7% from 2.6%.
Meanwhile, a Bank of England staff paper showed Britons’ falling inflation expectations could pose risks to BOE’s 2% inflation target.