2024 Inflation Rate Forecast Uk. Bank of england to take a more cautious approach to easing monetary policy, taking the base rate to 3.5% by the end of 2025. The annual inflation rate in the uk edged up to 2.2% in july 2024 from 2% in june, but below forecasts of 2.3%.
Cpi inflation has risen from 0.7% yoy in march to 2.5% in june, versus the forecast for june of 1.7% in the may mpr. Price indices percentage changes and weights for the different measures of consumer price inflation.
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