London: Britain is witnessing a renewed rise in inflation expectations as public sentiment signals growing concerns over the cost of living. According to a monthly survey conducted by YouGov for the U.S. bank Citi, the British public now expects inflation over the next 12 months to reach 4.2%, marking the highest level since April of this year. The increase highlights rising anxiety about price pressures despite recent signs of stabilization in headline inflation figures.

Longer-term inflation expectations have also edged higher, rising to 4.2% from 4.1% in September. This convergence of short-term and long-term expectations suggests that households and businesses anticipate inflationary pressures persisting beyond the immediate future. Analysts note that these expectations can influenc

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