British households' expectations for inflation over the next 12 months rose...
FILE PHOTO - Customers shop for fruit and vegetables inside a supermarket in London, Britain August 7, 2019. REUTERS/Henry Nicholls
LONDON - British households’ expectations for inflation over the next 12 months rose to 2.8% in July from 2.6% in June, according to a survey from U.S. investment bank Citi and pollsters YouGov. Longer-term inflation expectations rose to 3.4% from 3.3% in June, the Citi/YouGov survey of 2,011 adults showed.
“Rising inflation expectations should ... support hawks at the ,” Citi economists Christian Schulz and Ann O’Kelly said.
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