The data displays a comparison of consumer price index (CPI) inflation forecasts in the UK from 2018 to 2022. CPI measures the rate of change to market basket price levels of consumer goods and services purchased by households. Predictions varied between the four institutions, with the greatest discrepancy range coming in 2018, yet each institution predicted an overall decrease in CPI inflation.
2018 | 2.4 | 2.6 | 2.7 | 1.6 |
2019 | 1.8 | 2.2 | 2.1 | 1.7 |
2020 | 1.9 | 2.1 | 2 | 1.7 |
2021 | 2 | 2 | 2 | 1.8 |
2022 | 2 | 2 | 2.1 | 1.8 |