LONDON, March 17 (Reuters) - The British public's
expectations for inflation have fallen, the Bank of England
said in a survey it published on Friday ahead of its decision
next week on whether to raise interest rates for the 11th
meeting in a row.
Expectations for inflation over the coming year time dropped
to 3.9% from 4.8% in November while those for inflation in the
following 12 months - which are closely watched by the BoE -
fell to 3.0% from 3.4%.
Expectations for inflation in five years' time fell to 3.0%
from 3.3% in November.
(Reporting by William Schomberg; editing by William James)
Reuters Messaging: william.schomberg.reuters.com@reuters.net))
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