LONDON (Reuters) - The British public's expectations for inflation in the coming 12 months eased in February to the joint-lowest level in three years, a survey showed on Friday.
Year-ahead inflation expectations fell to 2.3%, matching December's recent low point, from 2.5% in January, bank Citi and polling firm YouGov said.
Expectations for inflation in five to 10 years' time also decreased, to 3.0% from 3.1%.
"With both short and long-run inflation expectations below their long-run averages, downside risks to inflation remain significant. The impact of coronavirus remains a significant unknown," economists at Citi said.
"However we still expect weak inflation to add impetus to the case for further monetary easing in the second half of 2020."