Consumer Price Index May 2024 Forecast

Consumer Price Index May 2024 Forecast. On the basis of these inflation forecasts, average consumer price inflation should be 3.1% in 2024 and 1.8% in 2025, compared to 4.06% in 2023 and 9.59% in 2022. Inflation forecast is measured in terms of the consumer price index (cpi) or harmonised index of consumer prices (hicp) for euro area countries, the euro area aggregate and the united kingdom.

Automotive fuel prices were 7.6% lower compared to august 2023, down from an annual rise of 4.0% in july. [aug 2024] consumer price index.