Market Insight
May 2024 Economic and Market Report
This Article was Written by: Chris Proudfoot - Fundhouse
Economic & Market Report, Market Report
In May, we learned that consumer prices in the UK rose by 2.3% in the 12 months to April 2024, down from 3.2% in March.
The latest figures are encouraging as they show that inflation is nearing the Bank of England’s (BoE) 2% target – Prime Minister Rishi Sunak even called for a general election following the news. However, the BoE remains cautious because… economic and market commentary is available to Financial Advisers via our support site.
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