The Bank of England said public inflation expectations fell sharply in August, but warned that the change from Ipsos to Savanta as its survey provider complicates comparisons with May. Savanta recorded expectations of 3.2% for inflation one year ahead, 2.9% for two years ahead and 3.2% for five years ahead, versus Ipsos readings in May of 4.0%, 3.5% and 3.9%. A parallel Savanta survey for May produced lower readings of 3.6%, 3.1% and 3.3%, indicating that much of the headline decline reflected the provider switch. Pantheon Macroeconomics said a break-adjusted comparison showed only a slight easing in expectations, while the Bank said Savanta won the contract through a competitive retendering process.