Estimated Inflation Rate For 2024 Elections. Headline inflation for 2024 was seen at 2.5%, down slightly from 2.6% forecast in the september survey, while core inflation this year was seen at 2.8%, down from 2.9% seen. The authority anticipates core and headline inflation to average between 1.5% and 2.5% in 2025, suggesting a balanced inflation outlook moving forward.
Headline inflation for 2024 was seen at 2.5%, down slightly from 2.6% forecast in the september survey, while core inflation this year was seen at 2.8%, down from 2.9% seen. This was due to an increase in retail & other goods inflation.