UK PUBLIC INFLATION EXPECTATIONS FOR 12 MONTHS AHEAD FALL TO 5.4% IN MARCH – CITI/YOUGOV SURVEY

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The UK public's inflation expectations eased in March after edging a tad higher in February, a monthly survey conducted by Citi and YouGov showed on Monday.

Key takeaways

British public expectations for five to 10 years ahead slipped to 3.7% in March from 3.8% in February, still above the 3.0% to 3.4% range seen before the COVID-19 pandemic.

For 12 months ahead, the UK public inflation expectations eased to 5.4% in March from 5.6% in February.

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