BoE Survey: UK public inflation expectations for year ahead ease from 3.6% to 3.3% in November

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UK public inflation expectations for the coming year are seen at 3.3% in November, down from a 3.6% figure estimated in August, the quarterly survey conducted by the Bank of England (BoE) showed on Friday.

Additional findings

UK public inflation expectations for year ahead 3.3% (Aug forecast: 3.6%).

UK public inflation expectations for 5 years' time 3.2% (Aug forecast: 2.9%).

35% of UK public say best for them personally if interest rates fall, highest share since nov 2008.

Market reaction

At the time of writing, GBP/USD is losing 0.23% on the day to trade near 1.2560.

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