UK Public Inflation Expectations Pull Back in April, Citi/YouGov Survey Shows
A monthly YouGov survey conducted for U.S. bank Citi showed that British consumers pared back both short-term and long-term inflation expectations in April. The year-ahead expectation dropped to 5.0% from 5.4% in March, while the longer-run expectation eased to 4.2% from 4.5%. Citi/YouGov characterises the March jump as anomalous and says the April…