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UK inflation expectations rise in September, Citi/YouGov survey shows

A Citi/YouGov survey shows British households' inflation expectations rose in September, according to Reuters. Rising expectations matter because they can feed into wage demands and price-setting, complicating the Bank of England's task of returning inflation to its 2% target. Markets and policymakers watch the monthly readings closely for signals about the future path of interest rates.

Why now: Higher inflation expectations could influence the Bank of England's next interest rate decisions.

Citi YouGov Bank of England United Kingdom

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Evidence

UK inflation expectations rise in September, Citi/YouGov survey shows · Reuters

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