Scottish Friendly react to inflation announcement
Press Release
Calum Bennie, Savings Expert at Scottish Friendly said: “With falling oil prices and the supermarket price war persisting, inflation is not playing ball. This combined with the recent price movements in the clothing and footwear sector has led to CPI remaining flat.
“For savers now could be time to take advantage of any extra money they have left over and put it into investment or stocks and shares ISAs. While inflation is unlikely to rocket any time soon, those looking to prepare for their future should act now to make their money work potentially harder for them in the meantime.”