<p>[倫敦] 英國人在四月份的短期和長期通脹預期下降，這一結果出乎意料，來自於 YouGov 為美國銀行 Citi 進行的月度調查，該調查表示，這些數據並未為英格蘭銀行提供更強的鷹派政策基礎。</p>
<p>根據週一發佈的調查，短期通脹預期從三月份的 5.4% 降至四月份的 5%，而長期預期則從一個月前的 4.5% 降至 4.2%。</p>
<p>這些數字對英格蘭銀行來説可能是個好消息，因為它正在監測伊朗戰爭帶來的影響。</p>
<p>儘管公眾對通脹的預測能力較差，但英格蘭銀行仍然密切關注他們的預期，以尋找價格壓力是否在公眾心態中永久根植的跡象，這可能會影響利率決策。</p>
<p>Citi/YouGov 報告表示：“我們認為，目前仍有充分理由忽視這些系列中的波動，直到波動性減弱，趨勢變得更加清晰。”</p>
<p><strong>‘尚無更多鷹派政策的基礎 ‘</strong></p>
<h3>在新的全球秩序中導航亞洲</h3>
<p>獲取洞察，送達您的郵箱。</p>
<p>報告指出，三月份的巨大激增——當時未來一年的通脹預期創下 20 多年來的最大月度增幅——可能是由於伊朗戰爭導致的燃料價格飆升，形容這一現象為 “異常”。</p>
<p>四月份的數據顯示，隨着油價，特別是未來價格略微下降，通脹預期正在回落，報告稱。</p>
<p>它補充説，假設未來幾個月能源市場有序恢復，趨勢最終可能會恢復向下的軌跡。</p>
<p>另見</p>
<p><img src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/0cb566eeb360af34f579bcef5fe7c9c304302846d80d1db990fd22ffc8d49acd/query-ZHByPTEmZj13ZWJwJnc9MjQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/0cb566eeb360af34f579bcef5fe7c9c304302846d80d1db990fd22ffc8d49acd/query-ZHByPTEmZj13ZWJwJnc9MjQw"/></p>
<h3>英國查爾斯國王飛往美國，行程被伊朗爭端和華盛頓晚會槍擊事件籠罩</h3>
<p><img src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/90a6bdc8ea89aafc3c42b0075b40d05d51d409373f7b7cde60c94b5a0a7797ad/query-ZHByPTEmZj13ZWJwJnc9MjQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/90a6bdc8ea89aafc3c42b0075b40d05d51d409373f7b7cde60c94b5a0a7797ad/query-ZHByPTEmZj13ZWJwJnc9MjQw"/></p>
<h3>英國零售銷售反彈，司機們儲備燃料</h3>
<p><img src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/d66f65e88e85eac61bab4d0684b9fb1f9bc28bbc1871c7cdf0e8d33e9c00e962/query-ZHByPTEmZj13ZWJwJnc9MjQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/d66f65e88e85eac61bab4d0684b9fb1f9bc28bbc1871c7cdf0e8d33e9c00e962/query-ZHByPTEmZj13ZWJwJnc9MjQw"/></p>
<h3>英國消費者信心降至 2023 年以來最低，GfK 稱</h3>
<p>報告表示：“只要波動性是可以解釋的，並且預期似乎在減弱並保持穩定，我們認為尚無充分理由將這些數據作為更鷹派政策立場的有力論據。” 路透社</p>
<p>解碼亞洲通訊：您在新的全球秩序中導航亞洲的指南。點擊這裏註冊以獲取解碼亞洲通訊，送達您的郵箱，免費。</p>

英國石油

CRUD

<p>根據 YouGov 為花旗銀行進行的調查，英國人在短期內的通脹預期從 3 月份的 5.4% 降至 4 月份的 5%，而長期預期則從 4.5% 降至 4.2%。這一下降表明通脹預期有所回落，可能受到油價下跌的影響。英格蘭銀行可能找不到更強的依據來採取更鷹派的政策，因為預期的波動性仍在監測中。報告指出，3 月份的激增是異常現象，主要是由於伊朗戰爭導致的燃料價格上漲所驅動</p>

<p>[LONDON] Britons’ short-term and long-term inflation expectations fell in April, in a surprise reading from a monthly survey by YouGov for US bank Citi, which said the data did not give the Bank of England a strong basis for a more hawkish policy position.</p>
<div class="lb-trans"><p>[倫敦] 英國人在四月份的短期和長期通脹預期下降，這一結果出乎意料，來自於 YouGov 為美國銀行 Citi 進行的月度調查，該調查表示，這些數據並未為英格蘭銀行提供更強的鷹派政策基礎。</p>
</div><p>Short-term inflation expectations fell to 5 per cent in April from 5.4 per cent in March, while long-term expectations eased to 4.2 per cent from 4.5 per cent a month earlier, according to the survey published on Monday.</p>
<div class="lb-trans"><p>根據週一發佈的調查，短期通脹預期從三月份的 5.4% 降至四月份的 5%，而長期預期則從一個月前的 4.5% 降至 4.2%。</p>
</div><p>The numbers are likely welcome news for the Bank of England as it monitors the fallout from the Iran war.</p>
<div class="lb-trans"><p>這些數字對英格蘭銀行來説可能是個好消息，因為它正在監測伊朗戰爭帶來的影響。</p>
</div><p>While the public are poor predictors of inflation, the BoE watches their expectations carefully for signs that price pressures are becoming permanently embedded in the mindset of the public, which could in turn influence interest rate decisions.</p>
<div class="lb-trans"><p>儘管公眾對通脹的預測能力較差，但英格蘭銀行仍然密切關注他們的預期，以尋找價格壓力是否在公眾心態中永久根植的跡象，這可能會影響利率決策。</p>
</div><p>“We think there is still a compelling case to look through the volatility in these series for now until the volatility eases and the trend becomes clearer,” the Citi/YouGov report said.</p>
<div class="lb-trans"><p>Citi/YouGov 報告表示：“我們認為，目前仍有充分理由忽視這些系列中的波動，直到波動性減弱，趨勢變得更加清晰。”</p>
</div><p><strong>‘Little basis yet‘ for more hawkish policy</strong></p>
<div class="lb-trans"><p><strong>‘尚無更多鷹派政策的基礎 ‘</strong></p>
</div><h3>Navigate Asia in  a new global order</h3>
<div class="lb-trans"><h3>在新的全球秩序中導航亞洲</h3>
</div><p>Get the insights delivered to your inbox.</p>
<div class="lb-trans"><p>獲取洞察，送達您的郵箱。</p>
</div><p>It said that the big spike in March - when the inflation expectation for the year ahead marked the biggest monthly increase in more than 20 years - could have been due to a spike in fuel prices driven by the war in Iran, describing it as “anomalous”.</p>
<div class="lb-trans"><p>報告指出，三月份的巨大激增——當時未來一年的通脹預期創下 20 多年來的最大月度增幅——可能是由於伊朗戰爭導致的燃料價格飆升，形容這一現象為 “異常”。</p>
</div><p>The April figures suggest inflation expectations are retreating as oil prices, and in particular future prices, drop to slightly lower levels, the report said.</p>
<div class="lb-trans"><p>四月份的數據顯示，隨着油價，特別是未來價格略微下降，通脹預期正在回落，報告稱。</p>
</div><p>It added that the trend would likely resume its downward path eventually, assuming an orderly return to energy markets over the coming months.</p>
<div class="lb-trans"><p>它補充説，假設未來幾個月能源市場有序恢復，趨勢最終可能會恢復向下的軌跡。</p>
</div><p>SEE ALSO</p>
<div class="lb-trans"><p>另見</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/0cb566eeb360af34f579bcef5fe7c9c304302846d80d1db990fd22ffc8d49acd/query-ZHByPTEmZj13ZWJwJnc9MjQw" alt="" original-src="https://cassette.sphdigital.com.sg/image/businesstimes/0cb566eeb360af34f579bcef5fe7c9c304302846d80d1db990fd22ffc8d49acd?w=240&amp;dpr=1&amp;f=webp"/></p>
<h3>Britain’s King Charles jets to US for trip overshadowed by Iran quarrel and DC gala shooting</h3>
<div class="lb-trans"><h3>英國查爾斯國王飛往美國，行程被伊朗爭端和華盛頓晚會槍擊事件籠罩</h3>
</div><p><img src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/90a6bdc8ea89aafc3c42b0075b40d05d51d409373f7b7cde60c94b5a0a7797ad/query-ZHByPTEmZj13ZWJwJnc9MjQw" alt="" original-src="https://cassette.sphdigital.com.sg/image/businesstimes/90a6bdc8ea89aafc3c42b0075b40d05d51d409373f7b7cde60c94b5a0a7797ad?w=240&amp;dpr=1&amp;f=webp"/></p>
<h3>UK retail sales rebound as drivers stock up on fuel</h3>
<div class="lb-trans"><h3>英國零售銷售反彈，司機們儲備燃料</h3>
</div><p><img src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/d66f65e88e85eac61bab4d0684b9fb1f9bc28bbc1871c7cdf0e8d33e9c00e962/query-ZHByPTEmZj13ZWJwJnc9MjQw" alt="" original-src="https://cassette.sphdigital.com.sg/image/businesstimes/d66f65e88e85eac61bab4d0684b9fb1f9bc28bbc1871c7cdf0e8d33e9c00e962?w=240&amp;dpr=1&amp;f=webp"/></p>
<h3>UK consumer sentiment falls to lowest since 2023, GfK says</h3>
<div class="lb-trans"><h3>英國消費者信心降至 2023 年以來最低，GfK 稱</h3>
</div><p>“So long as the volatility is explicable, and the expectations appear to be both moderating and anchored, we think there is little basis yet to use this data as a convincing argument for a more hawkish policy position,” the report said. REUTERS</p>
<div class="lb-trans"><p>報告表示：“只要波動性是可以解釋的，並且預期似乎在減弱並保持穩定，我們認為尚無充分理由將這些數據作為更鷹派政策立場的有力論據。” 路透社</p>
</div><p>Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.</p>
<div class="lb-trans"><p>解碼亞洲通訊：您在新的全球秩序中導航亞洲的指南。點擊這裏註冊以獲取解碼亞洲通訊，送達您的郵箱，免費。</p>
</div>

UK public inflation expectations retrace in April: survey

- 英國四月份短期和長期通脹預期意外下降。  
- 短期預期從 5.4% 降至 5%，長期預期從 4.5% 降至 4.2%。  
- 此數據未為英格蘭銀行提供鷹派政策基礎，需繼續觀察。

調查顯示，英國公眾的通脹預期在四月份有所回落