UK public inflation expectations for the coming year are seen at 3.3% in November, down from a 3.6% figure estimated in August, the quarterly survey conducted by the Bank of England (BoE) showed on Friday.
Additional findings
UK public inflation expectations for year ahead 3.3% (Aug forecast: 3.6%).
UK public inflation expectations for 5 years' time 3.2% (Aug forecast: 2.9%).
35% of UK public say best for them personally if interest rates fall, highest share since nov 2008.
Market reaction
At the time of writing, GBP/USD is losing 0.23% on the day to trade near 1.2560.
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