Inflation In 2024 Compared To 2024 Inflation Rate. In 2024, global inflation is projected to decline to 5.8%, down from a 6.8% estimated annual average in 2023. Although inflation expectations worldwide remain well above central banks’ inflation target, there is a further decline in the expected inflation rate for 2024.
In 2023, core inflation was 4.78%. Monthly headline urban cpi inflation, published by the central agency for public mobilization and statistics on march 10, 2024, recorded 11.4 percent in february 2024.
