2024 Inflation Rate Forecast Uk

2024 Inflation Rate Forecast Uk. Measures of inflation and prices include consumer price inflation, producer price inflation and the house price index. The hike marks a sharp increase from the 1.7% rise recorded in september and exceeds the 2.2% forecast of economists polled by reuters.


2024 Inflation Rate Forecast Uk

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. After its latest rate cut, the boe said future loosening would be gradual and forecast inflation would stay above its 2% target until early 2027, partly because of stimulus in the new.

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