Prices on everyday essentials like food, petrol and medicine have increased significantly, impacting us all. Managing these price hikes is
even more difficult when you’re living on a fixed income. We unpack how we got here and set out some things you can do to increase your
buying power.
Get in touch with our team to discuss how to make your financial life healthier than ever.
The November CPI print showed that monthly trimmed mean inflation decelerated from 3.5% to 3.2%. While services and housing inflation continued the downward trend, electricity prices surprised to the upside after various subsidies came off.
Manufacturing PMI in November increased to roughly 50, hovering near the breakpoint between expansion and contraction.