LONDON, March 2 (Reuters) - British businesses' plans
for price rises and their expectations for broader inflation
over the year ahead both fell in February, but plans for wage
rises remained steady, a Bank of England survey showed on
Thursday.
Businesses surveyed in February expected to raise their
prices by 5.4% over the coming year, down 0.4% from January, and
they expected consumer price inflation of 5.9%, down from 6.4%.
Firms expected pay growth of 5.7%, unchanged from January.
The BoE survey was based on responses from 2,462 chief
financial officers between Feb. 3 and Feb. 17.
(Reporting by David Milliken
Editing by William Schomberg)
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.