According to the latest analyses held by Markit UK households feel safer about their financial situation rather than they did 2 years ago. Even regardless the last 5-months wages decrease the general situation looks optimistic. Earlier in June Market index marked the general fall in the household power when the amount of households which claimed about financial decrease made up 33% while 7% assured that their financial situation got better. At the present moment economical trends are changing for better. Now the Markit index mentions the balance of 37 which points out obvious improvements.
The situation at the job market was not in better condition. The level of unemployment was rising and reached its 44,5 which has been marked as the highest one since April 2010. The general marketing situation in UK has got worse within last few months. Economical debts are getting more numerous. Households claim that the current situation is the worst one since January.
The only more or less promising data was presented by CBI’s industrial trends survey where they claimed that in June due to the lower inflation index the level of productions will start rising due to the increased number of orders. Meanwhile Tim Moore, Markit economists, while commenting the general situation in UK said that in the second half of 2012 some further financial worsening are expected. If one compares public and private economical situations they will easily mention that public sector finances are in much better position than in the private one.
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