2024 Inflation Rate Uk Forecast. The uk inflation outlook has been transformed by steep falls in oil and gas prices and the recent softening in core price pressures. Inflation (as measured by the consumer prices index) is expected to average 2.5% this year and 2.6% in 2025.
The consumer price inflation detailed briefing note contains details of the items contributing to the changes in the cpih (and rpi), details of any notable movements, a. 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.
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