BoE DMP Survey: UK firms’ inflation expectations decline to 2.6% in September quarter
Source Fxstreet
The latest Bank of England (BoE) Decision Maker Panel (DMP) survey showed on Thursday that “one-year ahead expected CPI inflation by the UK firms dropped by another 0.1 percentage points to 2.6% in the quarter to September.”
Key takeaways
Expected year-ahead wage growth remained unchanged at 4.1% on a three-month moving-average basis in September.
Business uncertainty fell in the three months to September.
The survey is one of the most closely watched by members of the BoE's Monetary Policy Committee (MPC).
Market reaction
The Pound Sterling sell-off extends on the UK businesses’ inflation expectations, as GBP/USD sheds 1.15% on the day to trade near 1.3115, at the press time.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
A known market analyst sees the $6 per coin prediction for XRP crypto being claimed by some experts as too conservative.
After a turbulent 2025, what lies ahead for commodities, forex, and cryptocurrency markets in 2026?
ECB Policy Outlook for 2026: What It Could Mean for the Euro’s Next MoveWith the ECB likely holding rates steady at 2.15% and the Fed potentially extending cuts into 2026, EUR/USD may test 1.20 if Eurozone growth proves resilient, but weaker growth and an ECB pivot could pull the pair back toward 1.13 and potentially 1.10.
With the ECB likely holding rates steady at 2.15% and the Fed potentially extending cuts into 2026, EUR/USD may test 1.20 if Eurozone growth proves resilient, but weaker growth and an ECB pivot could pull the pair back toward 1.13 and potentially 1.10.
Silver (XAG/USD) continues to rise parabolically, up more than 5%, trading above the $80.00 threshold a troy ounce, despite rising US Treasury yields and a strong US Dollar.
Gold gains momentum above $4,100 after weak US NFP data Gold price (XAU/USD) gains traction to around $4,125 during the early Asian session on Friday. The precious metal extends the rally after weaker-than-expected US Nonfarm Payrolls (NFP) data reduced expectations of Federal Reserve (Fed) interest rate hikes this year.
Gold price (XAU/USD) gains traction to around $4,125 during the early Asian session on Friday. The precious metal extends the rally after weaker-than-expected US Nonfarm Payrolls (NFP) data reduced expectations of Federal Reserve (Fed) interest rate hikes this year.
Related Instrument
