Latest Bank of England survey results 10 June 2016
– rate hike expectations by 41% vs 38% prev survey
– CPI expectations over 2% in the next 12 months vs +1.8% previous survey in Feb
Inflation Expectations measures the percentage that consumers expect the price of goods and services to change by during the next 12 months. The indicator is compiled from a survey of about 2,000 consumers. The Bank of England produces this survey quarterly in conjunction with GfK.