Inflation has fallen from its peak of 5 per cent in 2008. Measured on a CPI basis it fell to about 2 per cent in 2009, but that figure flatters us a bit as it was partly a result of some temporary factors.
This study which was subsequently published in August 2007, noted the rapid rate of growth of the collective investments scheme industry, with funds under management in the mutual fund sector increasing almost fivefold in the period 2000–2005.