Global Economic News

Britons Find Inflation More Sticky: Bank Of England/Ipsos Survey

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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by Renju Jaya

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