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ECONOMICS COMMENTARY
Jul 16, 2014
UK Household finances deteriorate at sharpest rate for six months
Falling to 42.1 in July, from 42.6 in June, the seasonally adjusted Markit Household Finance Index (HFI) - which measures overall perceptions of financial wellbeing - registered its lowest reading for six months. That said, it remained higher than at any time prior to this, signalling that the squeeze on finances remains milder than in the five years since the survey started in February 2009.
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