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UK inflation expectations edge up in April - Citi/YouGov

Wed, 28th Apr 2021 16:38

LONDON, April 28 (Reuters) - The British public's
expectations for inflation over the next 12 months rose slightly
to 2.8% in April from 2.7% in March, but are below a peak of
3.8% seen in December, a monthly survey by YouGov showed on
Wednesday.

Inflation expectations for the next five to 10 years rose to
3.3% in April from 3.1% in March.

"Household inflation expectations remain well anchored in
our view. Upside risks that had been evident during the pandemic
now appear to have eased," said economists at Citi, which
sponsors the survey.
(Reporting by David Milliken, editing by Andy Bruce)

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