Cpi 2024 Uk Forecast. Between 1997, and 2021, cpi inflation was an average of 2% in line with the target. Inflation is likely to remain high throughout 2023 and into 2024, reaching target by the end of 2024 or early 2025.

Britain’s dominant services sector showed slight growth of 0.1% in the month to july, while production and construction output fell by 0.8% and 0.4%, respectively. Forecasts for the uk economy is a monthly comparison of independent forecasts.