Compared with October:
- consumer inflation expectations 12 months and three years ahead declined;
- expectations for nominal income growth over the next 12 months increased, while expectations for nominal spending growth decreased;
- expectations for economic growth over the next 12 months increased, whereas expectations for the unemployment rate in 12 months’ time decreased;
- consumers
expected growth in the price of their home over the next 12 months to
remain broadly unchanged, while their expectations for mortgage interest
rates 12 months ahead continued to drift upwards. (...)
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