Bank of England/Ipsos Inflation Attitudes Survey - May 2026:
- Asked to give the current rate of inflation, respondents gave a median answer of 5%, up from 4.6% in February 2026.
- Median expectations of the rate of inflation over the coming year were 4%, up from 3.2% in February 2026.
- Asked about expected inflation in the twelve months after that, respondents gave a median answer of 3.5%, up from 3.2% in February 2026.
- Asked about expectations of inflation in the longer term, say in five years’ time, respondents gave a median answer of 3.9%, up from 3.7% in February 2026.
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