Cost Of Living 2024 Forecast Uk. The latest forecasts from the bank of england and the office for budget responsibility both expect inflation to fall sharply this year, but the latest forecast from the. Uk inflation continued to fall in the first half of 2024, driven by reduced prices for consumer goods, food and beverages, which benefit from easing energy and input costs;.


Cost Of Living 2024 Forecast Uk

While the headline rate of inflation is now 1.7%, core and services inflation remain significantly higher at 3.2% and 4.9% respectively. Recent high inflation in the uk was driven primarily by higher costs.

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