UK inflation expectations jump in September
23 September 2021 | Economics
The British public's expectations for inflation over the next 12 months surged by a full percentage point in September to 4.1% and expectations for five to 10 years' time rose to 3.8%, Citi said, based on its monthly survey with pollsters YouGov.
"Today's data, especially the movement in long-term expectations, suggest that growing risks inflation expectations could become de-anchored to the upside. The sharp increase risks a hawkish response from the MPC this week," Citi said.- Nampa/Reuters