Citi YouGov UK long-term CPI expectations at 3.8% (prev. 3.9%); 12-month ahead 3.6% (prev. 3.7%)

Citi YouGov UK long-term CPI expectations at 3.8% (prev. 3.9%); 12-month ahead 3.6% (prev. 3.7%)

The slight decline in long-term CPI expectations from 3.9% to 3.8% and the 12-month ahead forecast from 3.7% to 3.6% indicates a marginal easing in inflation concerns among consumers. This could suggest less pressure on the Bank of England to act aggressively on rates in the near term, which may bode well for growth outlook and risk appetite in the market.