BoE DMP Survey: UK companies’ inflation expectations fall further in June

The latest Bank of England (BoE) Decision Maker Panel (DMP) survey for June showed on Thursday that “one-year ahead expected CPI inflation fell by 0.1 percentage points to 2.8% in June.” Key takeaways “Year-ahead own-price inflation was expected to remain unchanged at 3.9% in the three months to June, the same level firms reported in the three months to May.” “Expected year-ahead wage growth fell by 0.3 percentage points to 4.2% on a three-month moving-average basis in June.” “Annual wage growth was 6.0%