Shoppers push trolleys along an aisle inside an ALDI supermarket near Altrincham, Britain, February 20, 2023. REUTERS/Phil Noble/File Photo
The British public’s expectations for long-term inflation rose in October, U.S. bank Citi said on Monday as it published a monthly survey by market research company YouGov.
Public expectations for inflation in 12 months’ time were stable at 4.2%, while expectations for inflation in five to 10 years’ time increased to 3.5% from 3.3% in September.
Reporting by Nilutpal Timsina in Bengaluru; Editing by Leslie Adler
