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Phoebus comment on inflation
17 September 2025
Phoebus Software’s chief sales and marketing officer, Richard Pike, says:
“The markets were widely expecting inflation to rise this month so today’s news will be a momentary boost. However, it’s still expected to hit a 4% high before the end of the year and with affordability also dropping through the floor it seems almost certain the Bank will hold interest rates steady tomorrow. With inflation stubbornly high and the jobs market persistently weak, all eyes are now on the budget and how Rachel Reeves will attempt to bring the economy back on track. If she wields the axe on homeowners through property tax reform, the key question will be what knock-on effect that has on industry growth.”
