Via IHS Markit, its "Household Finance Index", which they describe as a monthly gauge of financial well-being
Down to 42.2 in February, and a seven-month low
- from 42.9 in January
60% of households expect the Bank of England to hike rates within six months (from 45% previous month)
- "The latest survey adds to evidence that UK households have seen an erosion of their financial wellbeing so far this year, with stubbornly high inflation the main factor placing pressure on consumer budgets," Tim Moore, associate director at IHS Markit
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Survey taken over six days starting on Feb. 8
