2024 Inflation Projection. For fiscal 2024 stands at 5.4%. This records a decrease from the previous number of 5.400 % for mar 2024.
We project inflation to continue to fall, averaging 2.4% in 2024 and then averaging just 1.8% over 2025 to 2028. In 2024, global inflation is projected to decline to 5.8%, down from a 6.8% estimated annual average in 2023.