1041 GMT - U.K. businesses expect inflation to stay above the Bank of England 2% target over the medium term, the BOE Decision Maker Panel survey for December shows. Businesses' year-ahead expected inflation was 3.4% in the three months to December. The three-year-ahead expected inflation was 2.9% in the three months to December. "Firms' general CPI expectations suggest inflation persistence ahead," Pantheon Macroeconomics economist Rob Wood says in a note. (miriam.mukuru@wsj.com)
(END) Dow Jones Newswires
January 08, 2026 05:41 ET (10:41 GMT)
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