Financial News: UK Inflation Expectations Rise: BoE/Ipsos Survey

UK Inflation Expectations Rise: BoE/Ipsos Survey

03/14/2025 - 07:09:00 (RTTNews)

(RTTNews) - UK inflation expectations increased in February, the latest quarterly Inflation Attitudes Survey conducted by Ipsos on behalf of the Bank of England revealed Friday.

The one-year ahead inflation expectations rose to 3.4 percent in February from 3 percent in November.

The current inflation rate is estimated to be 4.9 percent compared to 4.8 percent in November.

For the longer-term, say in five years' time, inflation is seen at 3.6 percent, up from 3.4 percent in November.

When asked about the future path of interest rates, 34 percent of respondents said interest rates will rise over the coming year. About 23 percent said rates will stay about the same, while 29 percent forecast rates to fall over the next twelve months.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Croatia Producer Prices Decline First Time In 4 Months (07 hr(s), 35 min(s), 35 sec(s) ago)
(RTTNews) - Industrial producer prices in Croatia fell for the first time in four months in April, ...Full Story»

Lithuania Inflation Remains Stable, Trade Gap Widens (13 hr(s), 37 min(s), 35 sec(s) ago)
(RTTNews) - Lithuania's consumer price inflation held steady in April after rising to a 19-mon ...Full Story»

Slovakia Industrial Output Recovers In March (13 hr(s), 58 min(s), 35 sec(s) ago)
(RTTNews) - Slovakia's industrial production expanded for the first time in three months in Ma ...Full Story»

Portugal Trade Deficit Widens March (14 hr(s), 20 min(s), 35 sec(s) ago)
(RTTNews) - Portugal's trade gap increased in March from a year ago as imports grew faster tha ...Full Story»

Ireland Manufacturing Production Surges 49.1% (15 hr(s), 12 min(s), 35 sec(s) ago)
(RTTNews) - Ireland's manufacturing output growth quickened further in March, preliminary figu ...Full Story»

Czech Retail Sales Growth Improves To 3.4% (16 hr(s), 48 min(s), 35 sec(s) ago)
(RTTNews) - The Czech Republic's retail sales growth improved slightly in March after remainin ...Full Story»

Turkey Industrial Production Rebounds 2.5% (16 hr(s), 59 min(s), 35 sec(s) ago)
(RTTNews) - Turkey's industrial output expanded in March after a renewed decline in the prior ...Full Story»

Swiss Consumer Confidence Weakens To 16-month Low (17 hr(s), 18 min(s), 35 sec(s) ago)
(RTTNews) - Swiss consumer confidence decreased further in April to the lowest level in nearly one ...Full Story»