ECONOMICS COMMENTARY
Mar 08, 2013
Consumers under pressure as inflation worries intensify
Data from the Bank of England showed inflation expectations rising in February. Inflation in 12 months' time is expected to be running at 3.6%, up from 3.5% in January and the highest seen since last May. In five years' time, inflation is anticipated at 3.6%, unchanged on the January survey and the highest seen since the survey, conducted by NOP, commenced in 2009.
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