Question 1: Asked to give the current rate of inflation, respondents gave a median answer of 6.1%, up from 5.0% in February 2022. Question 2a: Median expectations of the rate of inflation over the coming year were 4.6%, up from 4.3% in February 2022. Question 2b: Asked about expected inflation in the twelve months after that, respondents gave a median answer of 3.4%, up from 3.2% in February 2022. Question 2c: Asked about expectations of inflation in the longer term, say in five years’ time, respondents gave a median answer of 3.5%, up from 3.3% in February 2022. Question 3: By a margin of 66% to 9%, survey ... (full story)