The British public's expectations for consumer price inflation in a year's time eased to 2.6 percent in May 2019 from 2.7 percent in the previous month, the survey from investment bank Citi and polling firm YouGov showed. Meanwhile, longer-term inflation expectations was unchanged at 3.2 percent. Inflation Expectations in the United Kingdom averaged 2.43 percent from 1999 until 2019, reaching an all time high of 4.60 percent in June of 2008 and a record low of 0.80 percent in December of 2008.
Inflation Expectations in the United Kingdom is expected to be 1.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Expectations in the United Kingdom to stand at 2.10 in 12 months time. In the long-term, the United Kingdom Inflation Expectations is projected to trend around 2.00 percent in 2020, according to our econometric models.