Cost Of Living 2024 Forecast. In 2024, global inflation is projected to decline to 5.8%, down from a 6.8% estimated annual average in 2023. When it comes to tracking u.s.
Global growth is projected to remain unchanged in 2024 and strengthen modestly in 2025, with inflation returning to target in most countries by the end of 2025. Morgan research forecasts global core inflation will remain sticky at around 3% in 2024.
