[London 25th Reuters]-The British household's survey in September, surveyed by US Bank City and the research firm Yugab, saw inflation expectations for the next 12 months at 2.9%, down from 3.2% in August.
In the next 5-10 years, inflation expectations are 3.0%, a slight decline from 3.1% in August.
Citi economists pointed out, “Inflation expectations have declined despite the high crude oil prices this month following the worsening situation in the Middle East,” fuel prices have not yet responded well, or the UK has left without agreement Explained that the possibility of the decline may be behind.
The survey was conducted on September 19-20, 2004 targeting at 2004 people.
