UK inflation is falling faster than expected, but remains above the 2% target
CPI inflation, outturn and forecasts
Outturn
OBR (Nov 2023)
BoE (Feb 2024)
12%
Forecast
10
8
6
4
2
0
2018
2020
2022
2024
2026
2028
Outturn
OBR (Nov 2023)
BoE (Feb 2024)
12%
Forecast
10
8
6
4
2
0
2018
2020
2022
2024
2026
2028