(RTTNews) – The overall recovery in the uk’s family finances declined in July as the economy reopened, the IHS Markit survey showed Monday.
The overall family finance index, which measures the overall belief of family members in economic well-being, rose to 41 five in July from 40.7 in June. The reading has reached its point since March.
The slow reopening in all the amounts of the economy has helped to maintain the best employment and employment in the workplace compared directly to those recorded during the blocking period.
However, economic families for next year have deteriorated since June, with the index falling to 42 five in July from 4 five in nine.
Nearly four times, Apple respondents surveyed a decrease in task security in July that improved.
The current indicator of economic well-being in July increased from 37.8 in June to 41.6 in July.
Households were running to reduce debt and their savings when possible. As a result, the index measuring the application for unsecured credits fell to 49.3 in July from 50.1 in June.
49% of respondents expect the Bank of England to raise interest rates over the next year.
Tim Moore, director of IHS Markit, said that “July’s knowledge shows that UK families continue to squeeze the strings out of the bag despite a steady reopening of the economy and return to paintings after the last period.”