Inflation Rate 2024 Predictions Uk. Headline inflation had previously come in at 2% in may and june. The uk inflation outlook has been transformed by steep falls in oil and gas prices and the recent softening in core price pressures.
Our inflation calculator is designed for illustrative and general reference. The uk is expected to have the highest inflation in the g7 not just this year but also in 2023 and 2024, according to economists, reflecting how britain is struggling with a toxic.