Uk Cpi Prediction September 2024. According to the bank of england's latest forecasts from may 2024, inflation is expected to fall to the 2% target, go below. 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.
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. Bloomberg uses a median figure from all of these economists’ predictions as its consensus figure, showing up on its eco screens.