Bank of England/Ipsos Inflation Attitudes Survey - May 2022 | Forex Factory

  • Bank of England/Ipsos Inflation Attitudes Survey - May 2022

    From bankofengland.co.uk

    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)

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Chancy
Jun 10, 2022 10:43am
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Quoting Lamplighter
{quote} All economies are in the same boat on that set of measures.
Thank you for pointing that out Lamp . After a little research , https://www.globalpetrolprices.com/gasoline_prices/ there are in fact 18 countries with higher petrol prices than UK .
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NewtonsCash
Jun 10, 2022 9:23am
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Suits UK Gov and B of E, they are inflating away their debts and it suits the GBP is collapsing.....

Since 2008, GBP has dropped from ~ 2.45 to ~ 1.25 p/USD so pretty much halved, meantime houses in UK (the great trixster are up ~ 60% so houses in the UK are down 40% against the USD and down considerably more against Gold and Bitcoin.....

Point is, as long as they can keep the housing bubble going up (and 90% of folks can't be bothered to figure this one out) the British public will be rejoicing in their new found, un-earned wealth... (which isn't wealth as they are all getting poorer)

This is'nt just the UK, I explained it to a friend who owns rental property in France... if he'd bought Gold rather than a chateau in 2009, he'd not only be much better off financially but he wouldnt be in for his second heart bypass after dealing with (yet another) crappy tennant !
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Lamplighter
Jun 10, 2022 7:51am
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Quoting Chancy
Optimism regards the UK economy is misplaced . If inflation was measured on gas , electric , petrol and diesel its more than 30% .
All economies are in the same boat on that set of measures.
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Lamplighter
Jun 14, 2022 6:25pm
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Quoting NewtonsCash
Suits UK Gov and B of E, they are inflating away their debts and it suits the GBP is collapsing..... Since 2008, GBP has dropped from ~ 2.45 to ~ 1.25 p/USD so pretty much halved, meantime houses in UK (the great trixster are up ~ 60% so houses in the UK are down 40% against the USD and down considerably more against Gold and Bitcoin..... Point is, as long as they can keep the housing bubble going up (and 90% of folks can't be bothered to figure this one out) the British public will be rejoicing in their new found, un-earned wealth... (which isn't...
Your friend is lucky not to invested in Bitcoin, plus even Gold is being sold off now.
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NewtonsCash
Jun 15, 2022 2:01am
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Bitcoin traded at $3,630 on March 21 2020 today at $21,331 - Not a problem for me )))
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Chancy
Jun 10, 2022 3:53am
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Optimism regards the UK economy is misplaced . If inflation was measured on gas , electric , petrol and diesel its more than 30% .
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