LONDON (Reuters) - British households’ expectations for inflation over the next 12 months rose to 2.8% in July from 2.6% in June, according to a survey from U.S. investment bank Citi and pollsters YouGov.
Longer-term inflation expectations rose to 3.4% from 3.3% in June, the Citi/YouGov survey of 2,011 adults showed.
“Rising inflation expectations should ... support hawks at the (Bank of England),” Citi economists Christian Schulz and Ann O’Kelly said.
Reporting by Andy Bruce
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