British Public Inflation Expectations Reach Highest Level Since October

British public inflation expectations rose in January to their highest level since October 2025. This shift complicates the Bank of England policy outlook.

Insights:
British public inflation expectations reached their highest level since October 2025 according to a new YouGov survey published on January 26, 2026. The survey of 2,101 adults conducted on January 21 and 22 showed that short-term inflation expectations rose to 3.8% in January from 3.6% in December. Similarly, long-term expectations climbed to 4.1% from 3.8% the previous month, marking a reversal after both measures had fallen in December and November.
A woman shops in a supermarket in London, Britain, November 26, 2025. REUTERS/Jack Taylor
A woman shops in a supermarket in London, Britain, November 26, 2025. REUTERS/Jack Taylor
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