LONDON, March 3 (Reuters) - The British public's
expectations for inflation over the coming year and five to 10
years ahead rose unexpectedly in February, U.S. bank Citi said
after publishing a monthly survey conducted by market research
company YouGov.
Public expectations for inflation in 12 months time rose to
5.6% in February from 5.4% in January, while expectations for
the long term rose to 3.8% from 3.5%.
"Today's unexpected increase re-affirms continued upside
risks that have stalked UK inflation expectations in recent
months," Citi economist Ben Nabarro said.
(Reporting by David Milliken; Editing by Mark Porter)
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.