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 Bank of England (BoE) Governor has described the latest batch of inflation statistics as “quite encouraging,” adding that he expects a “noticeable drop” in the headline rate when the next set of data is released later this month.
In our economic review this month we begin by looking at Inflation and data that indicates although Consumer prices are holding steady, core inflation is starting to decrease. We then look at the latest figures from the Office for National Statistics in relation to UK Economic Growth. We then run through the latest work data, finishing with news on retail sales.
Our update this month includes the following headlines:
- Inflation holds steady
- Economy stages partial rebound
- Jobs market continues to cool
- Retail sales in autumnal fall
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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.