Oct 26 Reuters The British public39;s expectations for yearahead inflation continued to ease in September, U.S. bank Citi said on Thursday as it published a monthly survey by market research company YouGov.
Public expectations for inflation in 12 months39; time dropped to 4.2 from 4.4 in August, while expectations for inflation in five to 10 years39; time were stable at 3.3.
For now, these data continue to show UK inflation expectations to be relatively wellanchored, Citi economist Benjamin Nabarro wrote in a note to clients.
We also expect these data to continue to ease in the months ahead as headline inflation falls back.
Reporting by Nilutpal Timsina in Bengaluru; Editing by Clarence Fernandez
Source Reuters