Inflation 2024 Forecast Uk

Inflation 2024 Forecast Uk. Uk inflation slipped below the bank of england โ€™s 2% target for the first time in 3 1/2 years, a fall that sets the stage for a second interest rate cut next month. We now expect cpi inflation to average 2.1% in 2024, down from our november forecast of 3.1%.


Inflation 2024 Forecast Uk

The bank of england is likely to start cutting rates in the summer. Cpi inflation was 2% in june 2024.

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