LONDON (Reuters) – The British public’s expectations for inflation fell again in July, a survey showed on Monday as the Bank of England watches closely for signs that price pressures might be becoming embedded.
U.S. bank Citi and pollsters YouGov said the expectations for inflation in five to 10 years’ time dropped to 3.8% in July from 4.0% in June.
Inflation expectations for 12 months’ time edged down to 6.0% from 6.1%, the survey showed.
(Writing by William Schomberg, Editing by Kylie MacLellan)
