2024 Inflation Rate Forecast Uk. 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 combination. Uk inflation could rise to 3% in early 2025.
The final inflation reading for 2024 (covering december) will be released early in the new year on 15 january 2025. Real gdp growth is now forecast at 0.7 percent in 2024 (a slight upgrade from the 0.5 percent in the april weo), before rising to 1.5 percent in 2025 as.