UK business inflation expectations rise in September – BoE
British businesses’ expectations for consumer price inflation in one year’s time rose to 9.5% last month, up from 8.4% in August, a Bank of England survey showed on Thursday.
The BoE’s Decision Maker Panel survey of chief financial officers also showed that businesses expected output prices to rise by 6.6% in the year ahead, up from expectations of 6.5% in August.
The survey was conducted between Sept. 2 and 16 and received 2,522 responses.
Source: Reuters (Reporting by Muvija M, Editing by Kylie MacLellan)