Cost Of Living 2024 Forecast 2024. Overall, with the growth forecast of 7.2% yoy and inflation forecast of 4.5% for fy25 the mpc is not seen in a hurry to pivot to cuts in cy24. Despite the cost of living falling sharply during 2023, our research shows that households expect ongoing erosion of spending power in 2024.
We still see first rate. Ideally, you’ll find that you can afford the cost of living in your new.