May 10 (Reuters) - Following is the summary of the results of a survey taken this week on the Bank of England inflation report due to be released on Wednesday, May 15.
1. Compared to February, how do you expect the path for BoE's projections of CPI inflation over the next 2 years to move:
12 said 'lower'
4 said 'hold steady'
1 said 'upwards'
2. Compared to February, how do you expect the path for the BoE's projections of GDP growth over the next 2 years to move:
None said 'lower'
13 said 'hold steady'
4 said 'upwards'
3. How high do you expect the BoE to forecast the CPI to peak?
3.0 was the median from 9 forecasts
Forecasts ranged from 3.0 to 3.5 percent
4. In which quarter do you expect the BoE to forecast the CPI to peak?
3 said Q2-2013
7 said Q3-2013
1 said Q1-2014
5. Which will be the first quarter when the Bank of England forecasts CPI will average below 2 percent?
4 said Q1-2015
1 said Q2-2015
1 said Q3-2015
3 said Q4-2015
1 said Q1-2016
1 said Q2-2016
For Reuters weekly poll results for next week's major UK economic indicators click on
(Compiled by Ruby Cherian)
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