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Bank of England/Ipsos Inflation Attitudes Survey - November 2022
Asked to give the current rate of inflation, respondents gave a median answer of 9.2%, up from 7.6% in August 2022. Question 2a: Median expectations of the rate of inflation over the coming year were 4.8%, down from 4.9% in August 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 August 2022. Question 2c: Asked about expectations of inflation in the longer term, say in five years’ time, respondents gave a median answer of 3.3%, up from 3.1% in August 2022. Question 3: By a margin of 70% to 6%, survey respondents believed that ... (full story)