Here are the main highlights from the survey:
- When asked to give the current rate of inflation, respondents gave a median answer of 3.9 percent, compared with 3.6 percent in August.
- Median expectations of the rate of inflation over the coming year were 3.9 percent, compared with 3.4 percent in August.
- When asked about expected inflation in the twelve months after that, respondents gave a median answer of 3.2 percent, compared with 2.9 percent in August.
- When asked about the future path of interest rates, just over half of respondents expected rates to rise over the next 12 months.