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UK public inflation expectations cool again in March: Citi/YouGov

Thu, 25th Mar 2021 11:38

LONDON, March 25 (Reuters) - The British public's
expectations for inflation in the coming year fell in March to
2.7% from 2.9% last month, a survey from investment bank Citi
and pollsters YouGov showed on Thursday.

For the longer term, inflation expectations fell to 3.1%
from 3.3% in February.

Economists from Citi said improvements in the economic
outlook appeared to be reducing fears of high inflation and
uncertainty among members of the public.

"All of these developments suggest the risks surrounding
inflation expectations – and in particular the risk expectations
could become de-anchored to the upside – may be beginning to
ease," the said.
(Reporting by Andy Bruce
Editing by William Schomberg)

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