The BOE Decision-Maker Panel survey shows:
- 1-year inflation expectations fell to 2.9% down in April from 3.2% in March
- The 3-month average fell by 0.2% points to 3.1% in April
- 3-year ahead CPI inflation expectations were unchanged at 2.7% in the three months to April
- 1-year ahead wage growth expectations declined slightly to 4.8% on a three month moving average basis.
Soft inflation expectations from the DMP.
