Economic news

UK Public's Inflation Expectations Fall, BoE Survey Shows

LONDON, March 15 (Reuters) - The British public's expectations for the rate of inflation over the coming year has fallen over the past three months, a Bank of England survey showed on Friday.

Median expectations for inflation over the coming year fell to 3.0% in February from 3.3% in November, the survey showed. Expectations for the 12 months after that were unchanged at 2.8%, while longer-term expectations fell to 3.1% from 3.2%.

Reporting by David Milliken Editing by William Schomberg

Source: Reuters


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