Cost Of Living Inflation Rate 2024 Uk. As of january 2024, just over half of uk households were still reporting that their cost of living had increased compared with a year earlier. The cost of living has surged in recent years, with inflation peaking.
Britain’s economy probably will avoid a recession in 2024 and strengthen in the second half of the year as consumers benefit from falling inflation and the easing of a lengthy. How long is the cost of living crisis expected to last?