Cola Increase 2024 Forecast Uk. Indeed, core cpi inflation in the uk is currently 3.6% compared to 2.6% on the fed's preferred pce measure. as a result, he says markets are pricing in a slower. We now expect cpi inflation to average 2.1% in 2024, down from our november forecast of 3.1%.

We now expect cpi inflation to average 2.1% in 2024, down from our november forecast of 3.1%. Inflation is on track to return to the 2% target in april.