LONDON - The British public's expectations for inflation in future years receded this month to the lowest level since January, a survey showed on Monday in good news for Bank of England officials who fear price pressures are becoming embedded.
U.S. bank Citi and pollsters YouGov said the expectations for inflation in five to 10 years fell to 4.0% in June from 4.2% in May, a move Citi described as encouraging.
Inflation expectations for 12 months time were steady at 6.1%, the survey showed.
(Reporting by Andy Bruce; Editing by Chris Reese)