Britons' inflation expectations for the coming year slowed slightly in November but their outlook for the medium-term inflation was higher suggesting that inflation is considered to be more sticky, results of a survey by the Bank of England showed Friday.
The one-year ahead consumer price inflation is seen at 4.8 percent compared to 4.9 percent estimated in August, the latest quarterly Inflation Attitudes Survey conducted by the market research firm Ipsos, on behalf of the Bank of England, revealed.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.