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UK businesses see lower inflation expectations for the year-ahead in August

UK businesses see lower inflation expectations for the year-ahead in August
One-year ahead inflation expectations seen at 4.8% (previously 5.4% in July)Three-year ahead inflation expectations seen at 3.2% (previously 3.3%)Current CPI perception seen at 7.8% (previously 8.4%)Full survey dataThat's at least some good news for the BOE but until this really translates into consumer price inflation, they are likely to stay on tightening path still for now. But perhaps they can look to pausing if the next few inflation reports are reflecting a softer trend but we'll see... Read More
Posted: Sep 7 2023, 08:41
Author Name: forexlive
Views: 102415

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