Key facts
- UK inflation expectations for the next 12 months increased to 4.5% in September from 3.9% in August.
- Longer-term inflation expectations rose to 4.3% in September from 4.1% in August.
UK inflation expectations rise in September, Citi/YouGov survey shows
IN SHORT
Public inflation expectations in Britain increased in September, according to a survey by Citi and YouGov. Expectations for the next 12 months rose to 4.5% from 3.9% in August, while longer-term expectations climbed to 4.3% from 4.1%. The Bank of England is monitoring these figures for signs of persistent inflation.
Key Numbers
4.5%inflation expectations over next 12 months in September
3.9%inflation expectations over next 12 months in August
4.3%longer-term inflation expectations in September
4.1%longer-term inflation expectations in August
Who's Involved
Citi
conducted survey on UK inflation expectations
YouGov
conducted survey on UK inflation expectations
Bank of England
monitoring inflation expectations for signs of persistent pressures
↳ Why This Matters
Rising inflation expectations can signal future price pressures, potentially influencing central bank policy decisions on interest rates.