The Organisation for Economic Co-operation and Development (OECD) lowered its predictions for headline UK inflation to average 2.8 per cent in 2024 and 2.4 per cent in 2025, from the 2.9 per cent and 2.5 per cent respectively forecast in November.
Just France and Germany are expected to grow less than Britain, while Britain's economy will grow at the same rate as Italy.
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