Latest news with #InflationAttitudesSurvey
Bloomberg
2 days ago
- Business
- Bloomberg
UK Household Inflation Expectations Fell Before April CPI Spike
UK households had been expecting inflation to slow over the coming year, according to a Bank of England survey that was conducted before the sudden jump in consumer prices reported last month. The BOE's quarterly Inflation Attitudes Survey published on Friday showed the public believed inflation would fall to 3.2%, down from 3.4% at the last survey in February, in a sign that the central bank has had some success in bringing down people's expectations of price growth. It was the first decline in almost a year.
Bloomberg
14-03-2025
- Business
- Bloomberg
More Britons Expect Rates to Rise Than Fall as Inflation Spikes
UK households expect interest rates to rise in response to a resurgence in inflation, despite the Bank of England pledging to continue gradually easing policy. The central bank's quarterly Inflation Attitudes Survey published Friday showed that more Britons expect rates to rise than fall over the next 12 months, with over a third of people questioned expecting the cost of borrowing to increase.
