Finance
UK public inflation expectations ticked lower in November, BoE says
Published by Global Banking and Finance Review
Posted on December 12, 2025
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on December 12, 2025
MANCHESTER, Dec 12 (Reuters) - The British public's expectations for inflation inched lower in November, according to a Bank of England survey published on Friday.
The public's median expectation for the rate of inflation in the year ahead fell to 3.5% from 3.6% in August, according to the quarterly inflation attitudes survey.
For inflation in five years' time, expectations fell to 3.7% from 3.8% - still far above the BoE's target for consumer price inflation of 2.0%.
While the public are poor predictors of price growth, the survey is watched by BoE policymakers for warning signs that inflation expectations are becoming embedded in consumer behaviour.
(Reporting by Andy Bruce; Editing by Sarah Young)
Inflation is the rate at which the general level of prices for goods and services rises, leading to a decrease in purchasing power.
The Bank of England is the central bank of the United Kingdom, responsible for issuing currency, maintaining monetary stability, and overseeing the financial system.
Inflation expectations refer to the rate at which people believe prices will rise in the future, influencing their economic decisions and behaviors.
Monetary policy is the process by which a central bank manages the supply of money, interest rates, and inflation to achieve economic objectives.
Consumer price inflation measures the average change over time in the prices paid by consumers for a basket of goods and services.
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