This news release describes the results of the Bank of England’s latest quarterly survey of public attitudes to inflation, undertaken in November 2010. Highlights from the survey Question 1: Asked to give the current rate of inflation, respondents gave a median answer of 3.9%, compared with 3.6% in August Question 2a: Median expectations of the rate of inflation over the coming year were 3.9%, compared with 3.4% in August Question 2b*: Asked about expected inflation in the twelve months after that, respondents gave a median answer of 3.2%, compared with 2.9% in August. Question 2c*: Asked about expectations of ... (full story)