UK headline inflation expectations for next year fall to 2.7% in August

UK public inflation expectations for the next 12 months are seen at 2.7% in August, down slightly from forecasts of 2.8% in May, the Bank of England (BoE) and Ipsos quarterly survey showed on Friday .

Additional findings

UK public inflation expectations for 12 months after 2.6% (previously: 2.6%).

UK 5-year headline inflation expectations 3.2% (previously: 3.1%).

Public trust in bep +4 (previously: -4).

Market reaction

At the time of writing, GBP/USD is adding 0.16% on the day to trade near 1.3145, little affected by the poll results.