UK inflation expectations fall to lowest since late 2009 - YouGov

Wads of British Pound Sterling banknotes are stacked in piles at the GSA Austria (Money Service Austria) company's headquarters in Vienna July 22, 2013. REUTERS/Leonhard Foeger

LONDON (Reuters) - The British public's expectations for inflation over the coming year fell to 2.0 percent this month from 2.1 percent in March, its lowest level since late 2009, a monthly survey by polling company YouGov showed on Wednesday. Inflation expectations for the next five to 10 years rose slightly to 2.9 percent from March's four-year low of 2.8 percent. "These results are likely to further reassure the (Bank of England) that the strong economic recovery, falling jobless rate and ultra-low interest rates have not destabilised inflation expectations," said Michael Saunders, chief UK economist at Citi, which sponsors the survey. (Reporting by David Milliken)