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UK Inflation Expectations Stay Elevated in Headache for BOE - BLOOMBERG

APRIL 04, 2025

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UK businesses’ wage and inflation expectations held at stubbornly elevated levels in the first quarter despite signs that the labor market is slowly cooling.

A Bank of England survey of finance chiefs found that firms expect consumer prices to rise 3.2% over the next year, the highest level in a year. They expect to increase their own prices by 3.9%, compared to 4% in the previous three-month period.

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