LONDON Dec 21 The British public's long-term
expectation for inflation rose to 3 percent in December, a more
than two year high, according to a closely watched survey by
polling company YouGov.
The survey for U.S. bank Citi showed that in December,
people on average expected inflation in 5-10 years to reach 3
percent, the highest level since September 2014 and up from a
November forecast of 2.8 percent.
In the shorter term, respondents to the survey expect
inflation in 12 months' time to be at 2.43 percent from an
earlier forecast of 2.36 percent.
(Reporting by Kate Holton; editing by Sarah Young)