A report from the Bank of England (BoE) decision maker panel (DMP) has shown that businesses’ year-ahead expected own-price inflation was 4.1% in the three months to June, 0.1% point higher than firms reported in the three months to May.
The report also showed that firms’ year-ahead expected wage growth rose by 0.1% point to 3.5% in the three months to June from 3.4% in May.
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