UK public’s long-term inflation expectations at 10-year high: BoE

Written by on June 7, 2019

FILE PHOTO: A Sainsbury's worker stacks a vegetable shelf in a store in Redhill
FILE PHOTO: A Sainsbury’s worker stacks a vegetable shelf in a store in Redhill, Britain, March 27, 2018. REUTERS/Peter Nicholls/File Photo

June 7, 2019

LONDON (Reuters) – The British public’s expectations for inflation in five years’ time have jumped to their highest in more than a decade, Bank of England data showed on Friday.

The public’s average expectation for inflation in five years rose to 3.8% in May from 3.4% in February, a quarterly survey by the BoE showed.

Short-run inflation expectations for the next 12 months edged down to 3.1% from 3.2%.

(Reporting by David Milliken, editing by Alistair Smout)

Source: OANN

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UK public’s long-term inflation expectations at 10-year high: BoE

Written by on June 7, 2019

FILE PHOTO: A Sainsbury's worker stacks a vegetable shelf in a store in Redhill
FILE PHOTO: A Sainsbury’s worker stacks a vegetable shelf in a store in Redhill, Britain, March 27, 2018. REUTERS/Peter Nicholls/File Photo

June 7, 2019

LONDON (Reuters) – The British public’s expectations for inflation in five years’ time have jumped to their highest in more than a decade, Bank of England data showed on Friday.

The public’s average expectation for inflation in five years rose to 3.8% in May from 3.4% in February, a quarterly survey by the BoE showed.

Short-run inflation expectations for the next 12 months edged down to 3.1% from 3.2%.

(Reporting by David Milliken, editing by Alistair Smout)

Source: OANN

#TrumpLovesWinning
Share www.MagaOneRadio.net and Listen Daily! If you would Like to write for http://trumploveswinning.com Please email peter.boykin@magafirstnews.com Also, Read MagaFirstNews and Listen to MagaOneRadio.net Daily Follow @PeterBoykin via Social Media

Reader's opinions

Leave a Reply

Your email address will not be published. Required fields are marked *


This site uses Akismet to reduce spam. Learn how your comment data is processed.


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