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BoE Decision Maker Panel (Sep): firms' year-ahead CPI inflation expectations were unchanged at 3.1%, three-year expectations held at 2.8%, expected wage growth remained at 3.4%
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September panel figures showed unchanged CPI and wage expectations, slightly higher expected employment growth, and slightly lower own-price inflation expectations.
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Year-ahead CPI inflation expectations: 3.1% (prev. 3.1%). Three-year-ahead CPI inflation expectations: 2.8% (prev. 2.8%). Year-ahead wage growth: 3.4% (prev. 3.4%). Year-ahead employment growth: 0.2% (prev. 0.1%). Year-ahead own-price inflation expectations: 3.7% (prev. 3.8%).
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