The Bank of England (BoE) released its quarterly survey on Friday. Consumer inflation expectations for the coming year in the UK rose to 2.0% in June from 1.8% in March.
Inflation expectations for coming two years in the U.K. increased to 2.2% in June from 2.1% in March.
The annual consumer price inflation in the U.K. was 0.3% in April, below the central bank’s 2% target.
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