UK public inflation expectations fall to lowest since May: BofA survey

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Two women walk down Regent Street, one of London's main shopping streets, January 17, 2021. REUTERS/Kevin Coombs

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LONDON, Dec 9 (Reuters) - Long-term inflation expectations among members of the British public fell in recent weeks to the lowest level since May, a survey showed on Thursday.

Inflation expectations in five years' time fell to around 3.6% after peaking at around 4.4% in September, according to the survey of consumers from BofA Global Research.

The report, based on responses given before Wednesday's announcement of renewed COVID-19 restrictions in England, showed a record 45% of Britons expect life "never" to return to normal after the pandemic.

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Reporting by Andy Bruce Editing by William Schomberg

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