The British public's expectations for inflation in the coming 12 months eased to 3.1 percent in May 2020 from 3.2 percent in April, amid an escalation in the Covid-19 crisis.
Inflation Expectations in the United Kingdom averaged 2.45 percent from 1999 until 2020, reaching an all time high of 4.60 percent in June of 2008 and a record low of 0.80 percent in December of 2008. This page provides - United Kingdom Inflation Expectations- actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Inflation Expectations - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020.
Inflation Expectations in the United Kingdom is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Expectations in the United Kingdom to stand at 1.60 in 12 months time. In the long-term, the United Kingdom Inflation Expectations is projected to trend around 1.60 percent in 2021 and 2.00 percent in 2022, according to our econometric models.