Usa July 2024 Inflation Forecast. The cpi year over year is forecast to rise 3% in july after rising the same amount in june; We expect moderating shelter inflation in 2024 as the lag in market rents pricing should catch up in the inflation readings.
We project inflation to continue to fall, averaging 2.4% in 2024 and then averaging just 1.8% over 2025. Global growth is projected to be in line with the april 2024 world economic outlook (weo) forecast, at 3.2 percent in 2024 and 3.3 percent in 2025.