Following the release of the ONS’ latest CPI data, Jatin Ondhia, CEO of FCA-regulated investment platform Shojin, gives his expert analysis.
Jatin Ondhia, CEO of Shojin said: “As inflation makes its second consecutive dip, investors will be hoping that this marks the start of a downward trend that could ease pressure on the Bank of England to press ahead with its tightening cycle.
“Yet caution must still surround today’s figures. Inflation continues to stand above 10% – an incredulous prospect barely a year ago. And while this is a step in the right direction, the path ahead is not easy to predict with so much dependent on global macroeconomic and geopolitical factors, not to mention the decisions made by the UK government which is still regaining market trust.
“As such, investors must proceed carefully, continuously re-evaluating their assets to ensure they have the pieces in place to protect their portfolios against market uncertainties. Undoubtedly, the diversification of assets will remain a paramount objective in order to achieve this. The rise of alternative investments demonstrates that for many investors this process has already begun.”
