Back
Phoebus Software comments on inflation
21 January 2026
Phoebus Software’s chief sales and marketing officer, Richard Pike, says:
“Inflation has been gradually falling from its August peak of 3.8% so it’s disappointing to see it tick up again. Hopefully this is a minor blip, fuelled by Christmas spending on alcohol, tobacco and transport, and we’ll see prices start to decrease again during the early part of 2026.
“Mortgage rates continue to come down due to fierce competition in the market, but the Bank of England will keeping a close eye on next month’s CPI figure ahead of the next base rate decision in February.”
