UK to see highest inflation among G7 countries in 2024 and 2025 – OECD
Britain is set for the highest inflation of the world’s G7 advanced economies this year and next despite the cost of living rising at far slower pace, according to new forecasts.
The Organisation for Economic Co-operation and Development (OECD) revised down its predictions for headline UK inflation to average 2.8% in 2024 and 2.4% in 2025, from the 2.9% and 2.5% respectively forecast in November.
