Our monthly Economic Review is intended to provide background to recent developments in investment markets. The bulletin also gives an indication of how some key issues could impact in the future.
The International Monetary Fund (IMF) has warned that economic damage from the Ukraine conflict will contribute to a significant slowdown in the global economy with the UK set to be amongst the hardest hit.
In our economic update this month we look at the data surrounding the slowdown and what forecasters are predicting from the UK Economy. We then look at the issue of inflation and what is contributing to those price rises. Our Markets section runs through a summary of the main indexes and the reason behind the figures. As prices continue to increase we then delve into how this is impacting on wages. Finally we reveal retail sales figures which indicate a sharp decline in sales volumes and the reasons behind this.
Our update this month includes the following headlines:
- IMF cuts growth forecast
- Inflation soars to 30-year high
- Markets
- Wage squeeze continues
- Retail sales fall sharply
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It is important to take professional advice before making any decision relating to your personal finances. Information within this newsletter is based on our current understanding of taxation and can be subject to change in future. It does not provide individual tailored investment advice and is for guidance only.