JakeWelford asks:
What will be the annual inflation rate in the UK's Consumer Prices Index (CPI) in October 2024?
Closed Nov 01, 2024 07:01AM UTC
The rate of inflation in the UK has fallen to multiyear lows in 2024 (BBC). The question will be suspended on 31 October 2024 and the outcome will be determined using the "CPI ANNUAL RATE" as reported by the UK Office for National Statistics (ONS) when data for October 2024 are first released, expected in November 2024 (ONS, hover cursor over chart line for data or select "Table" under "Show data as"). As of the launch of this question, the annual inflation rate in October 2023 was 4.6%.
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The question closed "At least 2.0%, but less than 2.5%" with a closing date of 1 November 2024.
See our FAQ to learn about how we resolve questions and how scores are calculated.
| Possible Answer | Correct? | Final Crowd Forecast |
|---|---|---|
| Less than 0.5% | 0% | |
| At least 0.5%, but less than 1.0% | 0% | |
| At least 1.0%, but less than 1.5% | 4% | |
| At least 1.5%, but less than 2.0% | 80% | |
| At least 2.0%, but less than 2.5% | 16% | |
| At least 2.5%, but less than 3.0% | 0% | |
| At least 3.0%, but less than 3.5% | 0% | |
| At least 3.5%, but less than 4.0% | 0% | |
| 4.0% or more | 0% |
Crowd Forecast Profile
| Participation Level | |
|---|---|
| Number of Forecasters | 26 |
| Average for questions older than 6 months: 188 | |
| Number of Forecasts | 134 |
| Average for questions older than 6 months: 545 | |
| Accuracy | |
|---|---|
| Participants in this question vs. all forecasters | better than average |
