21-12-2016 10:40 via uk.news.yahoo.com

UK public's long-term inflation expectations edge up - Citi/YouGov

Britons' long-term expectations for inflation hit a more than two-year high this month, as consumers braced for a bout of higher prices after the pound's post-Brexit vote fall, a survey showed on Wednesday. The British public expected inflation in the next five to 10 years will reach 3 percent, the highest forecast since September 2014 and up from a November reading of 2.8 percent, Citi and pollster YouGov said. The Citi/YouGov survey chimed with other gauges of inflation expectations from busin
Read more »