LONDON, Jan 31 (Reuters) - The British public's
predictions for inflation cooled again in January, according to
a survey on Tuesday that should further comfort to the Bank of
England that high prices will not become permanently embedded in
expectations.
U.S. bank Citi and polling firm YouGov said inflation
expectations for five to 10 years ahead fell to 3.5% from 3.6%
in December - within touching distance of the 3.0% to 3.4% range
seen ahead of the COVID-19 pandemic.
For inflation in a year's time, expectations in January fell
to 5.4% from 5.7% in December.
(Reporting by Andy Bruce; Editing by Kate Holton)
Messaging: @brucereuters))
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