Chicky Jerrine

Inflation Rate 2024 Forecast Europe. Global headline inflation is expected to fall to 5.8. After a negative annual rate in 2024, import price inflation is expected to remain below 2% in the later years of the projection horizon.

This is largely driven by consumers spending more, thanks to higher wages and more. As regards hicp inflation, for 2024, the ecb staff projection is at the bottom of the range, in line with the consensus economics forecast, but markedly below the european.