Inflation Rate 2024 Forecast Uk. The bank cites the unwinding of. Wholesale gas prices have fallen sharply in recent weeks and the ofgem energy price cap is on track to fall by 12% in april.

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. The us labor department said that the nfp for the period from april 2023 to march 2024 was lowered by 818,000.