Source | |
Measures | Percentage that consumers expect the price of goods and services to change during the next 12 months; |
Usual Effect | 'Actual' greater than 'Forecast' is good for currency; |
Frequency | Released quarterly, about 20 days after the survey is conducted; |
Next Release | |
Why Traders Care | Expectations of future inflation can manifest into real inflation, primarily because workers tend to push for higher wages when they believe prices will rise; |
Derived Via | Survey of about 2,200 consumers, conducted by Ipsos, which asks respondents where they expect prices to be 12 months in the future; |
Also Called | BOE\/Ipsos Inflation Attitudes Survey, Median Inflation Expectations; |
Acro Expand | Bank of England (BOE); |