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UK inflation expectations fall to lowest since late 2009 - YouGov

Published 23/04/2014, 14:25

LONDON (Reuters) - The British public's expectations for inflation over the coming year fell to 2.0 percent this month from 2.1 percent in March, its lowest level since late 2009, a monthly survey by polling company YouGov showed on Wednesday.

Inflation expectations for the next five to 10 years rose slightly to 2.9 percent from March's four-year low of 2.8 percent.

"These results are likely to further reassure the (Bank of England) that the strong economic recovery, falling jobless rate and ultra-low interest rates have not destabilised inflation expectations," said Michael Saunders, chief UK economist at Citi, which sponsors the survey.

(Reporting by David Milliken)

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