FOREX TradingCharts.com

Financial News: UK Household Finances Remain Under Pressure

UK Household Finances Remain Under Pressure

10/21/2019 - 06:55:00 (RTTNews)

(RTTNews) - UK households' perception of financial wellbeing remained negative in October but the assessment improved from September, data from IHS Markit showed Monday.

The household finance index rose to 44.4 from 43.1 in the previous month. This was the highest score since January.

Looking ahead, a downbeat outlook for financial health over the coming 12 months was signaled.

UK households suggested strong growth in workplace activity in October. However, job security perceptions remained negative and appetite for major purchases also remained in decline.

Living cost perceptions remained firmly inside inflation territory but they strongly anticipate living costs to increase over the coming year.

One-in-four UK households expect Bank of England will cut interest rates.

"Latest survey results from UK households continue to show how economic and political uncertainty is holding back what could have been a more resilient growth period for the UK economy," Joe Hayes, an economist at IHS Markit, said.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2019 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


U.S. Business Inventories Unexpectedly Unchanged In September (05 hr(s), 39 min(s), 19 sec(s) ago)
(RTTNews) - A report released by the Commerce Department on Friday showed business inventories in ...Full Story»

U.S. Industrial Production Slumps Due To Strike At GM (05 hr(s), 52 min(s), 19 sec(s) ago)
(RTTNews) - Industrial production in the U.S. fell by much more than expected in the month of Octo ...Full Story»

Growth In New York Manufacturing Activity Unexpectedly Slows In November (06 hr(s), 16 min(s), 19 sec(s) ago)
(RTTNews) - A report released by the Federal Reserve Bank of New York on Friday unexpectedly showe ...Full Story»

U.S. Import Prices Fall 0.5% In October Amid Steep Drop In Fuel Prices (06 hr(s), 26 min(s), 19 sec(s) ago)
(RTTNews) - Import prices in the U.S. fell by much more than expected in the month of October, acc ...Full Story»

U.S. Retail Sales Rebound Slightly More Than Expected In October (06 hr(s), 36 min(s), 19 sec(s) ago)
(RTTNews) - After reporting an unexpected drop in retail sales in the previous month, the Commerce ...Full Story»

U.S. Industrial Production Slumps Much More Than Expected In October (06 hr(s), 40 min(s), 19 sec(s) ago)
(RTTNews) - Industrial production in the U.S. fell by much more than expected in the month of Octo ...Full Story»

New York Manufacturing Index Unexpectedly Edges Lower In November (07 hr(s), 20 min(s), 19 sec(s) ago)
(RTTNews) - A report released by the Federal Reserve Bank of New York on Friday unexpectedly showe ...Full Story»

U.S. Import Prices Drop Much More Than Expected In October (07 hr(s), 24 min(s), 19 sec(s) ago)
(RTTNews) - Import prices in the U.S. fell by much more than expected in the month of October, acc ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

U.S. Business Inventories Unexpectedly Unchanged In September

11/15/2019 - 10:25 AM (RTTNews)
(RTTNews) - A report released by the Commerce Department on Friday showed business inventories in ...Full Story>>

U.S. Industrial Production Slumps Due To Strike At GM

11/15/2019 - 10:12 AM (RTTNews)
(RTTNews) - Industrial production in the U.S. fell by much more than expected in the month of Octo ...Full Story>>

Growth In New York Manufacturing Activity Unexpectedly Slows In November

11/15/2019 - 09:48 AM (RTTNews)
(RTTNews) - A report released by the Federal Reserve Bank of New York on Friday unexpectedly showe ...Full Story>>

U.S. Import Prices Fall 0.5% In October Amid Steep Drop In Fuel Prices

11/15/2019 - 09:38 AM (RTTNews)
(RTTNews) - Import prices in the U.S. fell by much more than expected in the month of October, acc ...Full Story>>

U.S. Retail Sales Rebound Slightly More Than Expected In October

11/15/2019 - 09:28 AM (RTTNews)
(RTTNews) - After reporting an unexpected drop in retail sales in the previous month, the Commerce ...Full Story>>
Copyright © 2019. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.