How sustainable is UK inflation?

INFLATION

clock • 4 min read

As the CPI rate slows to the Bank of England's official target, Rebecca Jones asks what we can expect next.

Jason Hollands, MD - business development, Bestinvest We expect a relatively benign environment for official UK inflation. While key contributors to the most recent decline included the discounting of food and non-alcoholic beverages, downward pressure on inflation has actually been a global phenomenon. Falling energy prices and a weak outlook for global raw materials have largely driven inflation down, as the slowdown in China's growth story reverberates around the world. Growing inventory levels of industrial metals suggests a further decline in demand may be in the pipeline. Tho...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Future of Investment Festival: Our specialist sessions for advisers

Future of Investment Festival: Our specialist sessions for advisers

Future-proofing advice, building sustainable portfolios, all things SDR

Professional Adviser
clock 19 April 2024 • 2 min read
Why non-transparent managers are behind most failed acquisitions

Why non-transparent managers are behind most failed acquisitions

‘They don’t understand the importance of culture and cohesion’

Rami Cassis
clock 12 April 2024 • 3 min read
Partner Insight: Understanding the investment universe

Partner Insight: Understanding the investment universe

Invesco
clock 12 April 2024 • 6 min read