Inflation Rate 2024 Predictions. In the rich world, annual. — private sector experts expect inflation to drop below 2.5% in 2024, according to the federal reserve bank of st louis.
If the basket of the things we talked about was £100 a year ago, then today it would cost £102. 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 july 2024.