Managing Your Money 

Invest to beat inflation

Invest to beat inflation

Inflation has risen rapidly this year, driven by the fall in the pound that followed last year's vote to leave the European Union (EU), which makes imports more expensive. In September consumer prices index (CPI) inflation hit 3 per cent – the highest level in five years. Higher inflation can be detrimental to investors as it erodes the value of certain assets and money over time, reducing their purchasing power.

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