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The Bank of England and research group GfK NOP released its quarterly Inflation Attitudes Survey on Friday. Consumer inflation expectations for the coming year in the UK declined to 2.5% in November from 2.8% in August. That was the lowest inflation expectation since February 2010.
37% of Britons expected in November that interest rate will be increased in the next year, down from 49% in August. That was the lowest figure since November 2013.
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