FOREX TradingCharts.com

Financial News: UK Inflation Expectations Rise In August: BoE/Kantar Surve

UK Inflation Expectations Rise In August: BoE/Kantar Survey

09/17/2021 - 08:15:00 (RTTNews)

(RTTNews) - Britons' inflation expectations for the coming year increased in August, the latest Bank of England/Kantar Inflation Attitudes Survey showed on Friday.

Inflation for the coming year was seen at 2.7 percent versus 2.4 percent in May. Inflation expectations for the twelve months after that climbed to 2.2 percent from 1.9 percent in the prior survey period.

For the longer-term, say in five years' time, inflation is expected to rise to 3 percent from 2.7 percent. Expectations remained above the central bank's inflation target of 2 percent.

By a margin of 46 percent to 13 percent, survey respondents believed that the economy would end up weaker, rather than stronger, if prices started to rise faster. This compares with margins of 41 percent to 13 percent in May.

About 31 percent of respondents expected interest rates to stay about the same over the next twelve months, compared with 37 percent in May and around 43 percent expected rates to rise over the next 12 months, up from 39 percent in May.

The quarterly survey was conducted by Kantar on behalf of the Bank of England, between August 10 and 16.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Hong Kong Exports Growth Eases In September (03 hr(s), 40 min(s), 14 sec(s) ago)
(RTTNews) - Hong Kong's merchandise exports grew at a softer pace in September, data from the ...Full Story»

UK Retailers Expect Sales To Rise Further In November: CBI (03 hr(s), 46 min(s), 14 sec(s) ago)
(RTTNews) - UK retailers expect sales to be above seasonal norms in November, the Distributive Tra ...Full Story»

Spain Producer Price Inflation Fastest Since 1977 (03 hr(s), 59 min(s), 14 sec(s) ago)
(RTTNews) - Spain producer prices grew at the fastest pace since 1977 in September on higher energ ...Full Story»

Eurozone Banks To Tighten Conditions For Housing Loans: ECB Survey (04 hr(s), 35 min(s), 14 sec(s) ago)
(RTTNews) - Eurozone banks plan to tighten their conditions for housing loans further in the fourt ...Full Story»

S. Korea Cuts Fuel Tax By Record 20% (04 hr(s), 56 min(s), 14 sec(s) ago)
(RTTNews) - South Korea's government and the ruling Democratic Party decided to cut the fuel t ...Full Story»

Sweden Producer Price Inflation Accelerates In September (05 hr(s), 16 min(s), 14 sec(s) ago)
(RTTNews) - Sweden's producer prices accelerated for the ninth straight month in September, fi ...Full Story»

South Africa Leading Index Rises In August (06 hr(s), 50 min(s), 14 sec(s) ago)
(RTTNews) - South Africa's composite leading index increased in August, survey data from the S ...Full Story»

Singapore Industrial Production Drops In September (07 hr(s), 39 min(s), 14 sec(s) ago)
(RTTNews) - Singapore's industrial production dropped in September, data from the Economic Dev ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Hong Kong Exports Growth Eases In September

10/26/2021 - 06:37 AM (RTTNews)
(RTTNews) - Hong Kong's merchandise exports grew at a softer pace in September, data from the ...Full Story>>

UK Retailers Expect Sales To Rise Further In November: CBI

10/26/2021 - 06:31 AM (RTTNews)
(RTTNews) - UK retailers expect sales to be above seasonal norms in November, the Distributive Tra ...Full Story>>

Spain Producer Price Inflation Fastest Since 1977

10/26/2021 - 06:18 AM (RTTNews)
(RTTNews) - Spain producer prices grew at the fastest pace since 1977 in September on higher energ ...Full Story>>

Eurozone Banks To Tighten Conditions For Housing Loans: ECB Survey

10/26/2021 - 05:42 AM (RTTNews)
(RTTNews) - Eurozone banks plan to tighten their conditions for housing loans further in the fourt ...Full Story>>

S. Korea Cuts Fuel Tax By Record 20%

10/26/2021 - 05:21 AM (RTTNews)
(RTTNews) - South Korea's government and the ruling Democratic Party decided to cut the fuel t ...Full Story>>

Do not sell my personal information

Copyright © 2021. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.