Uk Cpi Prediction 2024. We now expect cpi inflation to average 2.1% in 2024, down from our november forecast of. In september 2024, the retail prices measure of inflation, or rpi, rose and remained higher than cpi:
Inflation as measured by the consumer price index will average 2.5% for 2024, according to forecasts from the office for budget responsibility (obr) in the uk government’s 2024 autumn budget. The latest update from the office for national statistics (ons) puts the consumer prices index (cpi) measure of inflation at 2.2% for the year to august 2024, unchanged from july.