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UK Household Inflation Expectations Fall to 3.8% in June, Down from 4.7% in May

2026-06-26 07:55:14

According to a Citi and YouGov survey reported by Jin10 on June 26, UK household inflation expectations for the next 12 months declined to 3.8% in June, down from 4.7% in May, returning to levels seen before the Iran conflict in January. Long-term inflation expectations also eased 0.1 percentage point to 3.9%, matching the six-month average before the conflict. The decline in inflation expectations is expected to ease the Bank of England's concerns about a potential wage-price spiral, with market expectations growing that the central bank may avoid interest rate hikes.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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