- Median expectations of the rate of inflation over the coming year were 3.6% (previously 3.2%)
- Median expectations of the rate of inflation for the 12 months after that were 3.4% (previously 3.2%)
- Long-term median expectations of the rate of inflation i.e. five years’ time were 3.8% (previously 3.6%)
At 3.6%, the public view on inflation expectations are at the highest since the same quarter two years ago
UK public inflation expectations rise in latest BOE quarterly survey