British firms report slight rise in UK year-ahead inflation expectations, BoE survey shows

(Corrects month in first paragraph to August from July)

LONDON (Reuters) -British firms’ expectations of inflation over the next year in the overall economy rose to 3.3%, up by 0.1 percentage points, in the three months to August, a Bank of England survey showed on Thursday.

The survey also showed firms’ expectations for employment growth over the next year have weakened, falling by 0.3 percentage points to 0.2% in the three months to August.

(Reporting by David Milliken, writing by William James)