Q3 Market Digest 2023

In Q3, UK inflation fell by 2% over the quarter to 6.8%, a faster fall than expected. This allowed the Bank of England to hold rates at 5.25% at its September meeting, following a 0.25% rise earlier in the quarter.

Jack Richards

05 Oct 2023

A traffic light with red and yellow lights on, on a dark street.
  • UK Inflation fell by 2% over the quarter to 6.8%, a faster fall than expected. This allowed the Bank of England to hold rates at 5.25% at its September meeting, following a 0.25% rise earlier in the quarter.

  • Global equity markets held onto a strong start to the quarter to generate a small positive return over the period. UK corporate bonds performed well with a 2.3% return.

  • Most portfolios therefore generated a positive return over the quarter.

  • Bonds in general outperformed equities over the period, providing greater returns for lower risk portfolios.

For more details, please download our full Q3 Market Digest below!