GBP Consumer Inflation Expectations
Expectations of future inflation can manifest into real inflation, primarily because workers tend to push for higher wages when they believe prices will rise;
- GBP Consumer Inflation Expectations Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
---|---|---|---|
Jun 14, 2024 | 2.8% | 3.0% | |
Mar 15, 2024 | 3.0% | 3.3% | |
Dec 8, 2023 | 3.3% | 3.6% | |
Sep 15, 2023 | 3.6% | 3.5% | |
Jun 16, 2023 | 3.5% | 3.9% | |
Mar 17, 2023 | 3.9% | 4.8% | |
Dec 9, 2022 | 4.8% | 4.9% | |
Sep 15, 2022 | 4.9% | 4.6% |
-
- GBP Consumer Inflation Expectations News
- From bankofengland.co.uk|Jun 14, 2024
Asked to give the current rate of inflation, respondents gave a median answer of 5.5%, down from 6.1% in February 2024. Question 2a: Median expectations of the rate of inflation over the coming year were 2.8%, down from 3% in February 2024. Question 2b: Asked about expected inflation in the twelve months after that, respondents gave a median answer of 2.6%, down from 2.8% in February 2024. Question 2c: Asked about expectations of inflation in the longer term, say in five years’ time, respondents gave a median answer of 3.1%, ...
- From bnnbloomberg.ca|Mar 15, 2024
UK inflation expectations slipped to the lowest level since summer 2021, before the Bank of England embarked on an aggressive interest-rate hiking cycle to contain prices. Households questioned in February expected prices to rise 3% over the next 12 months, down from 3.3% in November, according to the BOE’s quarterly Inflation Attitudes Survey. It was the lowest since August 2021 shortly before the central bank started on 14 back-to-back rate rises to tackle high inflation. Longer-term predictions were more stubborn, with ...
- From bankofengland.co.uk|Mar 15, 2024
Question 1: Asked to give the current rate of inflation, respondents gave a median answer of 6.1%, down from 7.5% in November 2023. Question 2a: Median expectations of the rate of inflation over the coming year were 3%, down from 3.3% in November 2023. Question 2b: Asked about expected inflation in the twelve months after that, respondents gave a median answer of 2.8%, unchanged from 2.8% in November 2023. Question 2c: Asked about expectations of inflation in the longer term, say in five years’ time, respondents gave a median answer ...
- From bankofengland.co.uk|Dec 8, 2023
Asked to give the current rate of inflation, respondents gave a median answer of 7.5%, down from 8.6% in August 2023. Median expectations of the rate of inflation over the coming year were 3.3%, down from 3.6% in August 2023. Asked about expected inflation in the twelve months after that, respondents gave a median answer of 2.8%, unchanged from 2.8% in August 2023. Asked about expectations of inflation in the longer term, say in five years’ time, respondents gave a median answer of 3.2%, up from 2.9% in August 2023. By a margin of ...
- From bankofengland.co.uk|Sep 15, 2023
This news release describes the results of the Bank of England’s latest quarterly survey of public attitudes to inflation. From February 2022, the survey has been conducted on the Bank of England’s behalf by Ipsos, prior to that it was conducted by Kantar. Ipsos interviewed a quota sample of people aged 16-75 across the United Kingdom; the sample was surveyed between 4 and 7 August 2023. Please note, the Government’s social distancing guidance meant that face-to-face interviewing was not possible for the surveys conducted since May ...
- From bankofengland.co.uk|Jun 16, 2023
This news release describes the results of the Bank of England’s latest quarterly survey of public attitudes to inflation. From February 2022, the survey has been conducted on the Bank of England's behalf by Ipsos, prior to that it was conducted by Kantar. Ipsos interviewed a quota sample of people aged 16-75 across the United Kingdom; the sample was surveyed between 12 and 16 May 2023. Please note, the Government’s social distancing guidance meant that face-to-face interviewing was not possible for the surveys conducted since May ...
- From bankofengland.co.uk|Mar 17, 2023
From February 2022, the survey has been conducted on the Bank of England's behalf by Ipsos, prior to that it was conducted by Kantar. Ipsos interviewed two quota samples of people aged 16-75 across the United Kingdom; the first sample was surveyed between 3 and 6 February 2022 and the second between 17 and 19 February 2023. Please note, the Government’s social distancing guidance meant that face-to-face interviewing was not possible for the surveys conducted since May 2020. These have been conducted online instead. This change ...
- From bankofengland.co.uk|Dec 9, 2022|1 comment
Asked to give the current rate of inflation, respondents gave a median answer of 9.2%, up from 7.6% in August 2022. Question 2a: Median expectations of the rate of inflation over the coming year were 4.8%, down from 4.9% in August 2022. Question 2b: Asked about expected inflation in the twelve months after that, respondents gave a median answer of 3.4%, up from 3.2% in August 2022. Question 2c: Asked about expectations of inflation in the longer term, say in five years’ time, respondents gave a median answer of 3.3%, up from 3.1% in ...
Released on Jun 14, 2024 |
---|
Released on Mar 15, 2024 |
---|
Released on Dec 8, 2023 |
---|
Released on Sep 15, 2023 |
---|
Released on Jun 16, 2023 |
---|
Released on Mar 17, 2023 |
---|
Released on Dec 9, 2022 |
---|
- Details