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Inflation expectations remain high

The British people�s median forecast of benchmark UK inflation in the coming year remained uncomfortably high at 2.7% in August.

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IAN McCONNELL, Business Editor

The British people's median forecast of benchmark UK inflation in the coming year remained uncomfortably high at 2.7% in August - way above the Bank of England's 2% target and joint-highest since views were first canvassed in 1999.