The UK public's overall forecast of inflation over the next 12 months has tumbled to just 2.9% in the latest monthly survey, from 4.4% in September, signalling a firm belief that it will plunge from its current level of 5.2% as recession kicks in.
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Scope for interest rate cuts as inflation expectations fall
The UK public�s overall forecast of inflation over the next 12 months has tumbled to just 2.9% in the latest monthly survey, from 4.4% in September, signalling a firm belief that it will plunge from its current level of 5.2% as recession kicks in.
