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Economics2h 47m ago

The British public's expectations for inflation in the long term rose to a record high last month.

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LONDON, UK

Who
British public, Bank of England (BoE)
What
The British public's expectations for inflation in the long term rose to a record high last month.
When
Fri, 12 Jun 2026 08:44:33 GMT · 2h 47m ago
Where
LONDON, UK ·
Why
after the U.S.-Israeli war on Iran sent energy prices soaring
The Frontline Impact

How this affects you

This surge in long-term inflation expectations, reaching their highest level since 2009, suggests that price pressures may be becoming permanently embedded in consumer behavior, posing a challenge for the Bank of England's 2.0% inflation target.

Story chain

5 events in this thread
  1. Economics2h 1m ago
    Britain's economy contracted by 0.1 per cent in April, its first monthly drop since August 2025.
    Open article
  2. Economics2h 2m ago
    Britain's economy contracted by 0.1 per cent in April, its first monthly drop since August 2025, as the Iran war's cancellation of Formula 1 Grand Prix races and other Gulf sporting events delivered a blow to the British entertainment industry.
    Open article
  3. Currently Reading2h 47m ago
    The British public's expectations for inflation in the long term rose to a record high last month.
  4. Economics2h 47m ago
    The British public's expectations for inflation in the long term rose to a record high last month after the U.S.-Israeli war on Iran sent energy prices soaring.
    Open article
  5. Economics3h 42m ago
    The UK economy contracted by 0.1 percent in April, the first decline in eight months, as an early sign of the impact of the war in Iran.
    Open article

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