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The Intermediary - Industry reaction to ONS Inflation figures

The Intermediary - Industry reaction to ONS Inflation figures

Inflation figures have hit their lowest level in several months, following highs of 11.1% in October 2022, according to latest figures. In an announcement released this morning, the Office for National Statistics (ONS) confirmed that UK inflation fell to 7.9% for the month of June. This marks a substantial decline of 0.8%, which saw figures remain steady at 8.7% in May. In light of these figures, industry experts have been sharing their reactions to the news, and have been speculating as to what this may mean for the market going forward. Reaction:

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