UK public's inflation expectations slip from near 7-year high

Credit: REUTERS/HANNAH MCKAY

LONDON, Aug 27 (Reuters) - The British public's expectations for inflation over the coming year fell in August after touching one of the highest levels since 2013 in July, a survey from bank Citi and polling firm YouGov showed on Thursday.

Year-ahead inflation expectations returned to 3.0% from 3.2% in July, back to their level in June.

Expectations for five to 10 years ahead fell to 3.2% from a one-year high of 3.3% in July.

The figures were based on a YouGov poll of 2,141 people conducted on Aug. 18 and 19.

(Writing by William Schomberg; Editing by Hugh Lawson)

((william.schomberg@thomsonreuters.com; +44 207 542 7778; Reuters Messaging: william.schomberg.reuters.com@reuters.net))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.