LONDON—The British public’s expectations for inflation rose last month but remained within levels seen since the start of the COVID-19 pandemic, despite a recent jump in headline inflation, a Bank of England survey showed on Friday.
Inflation expectations for the year ahead rose to 2.7 percent in August from 2.4 percent in May, according to the survey, which was conducted by market research firm Kantar. They have kept in a range of 2.4 percent to 2.9 percent since the onset of the COVID-19 pandemic.
