Financial Situation of Britons Deteriorated in July

Forex News

Financial situation of the British households deteriorated at the fastest pace in three years this month. A monthly survey of IHS Markit showed that the UK Household Finance Index fell to 41.8 in July from 43.7 in June.

Economists noted that in recent years there has been a steady decline in household incomes in the UK, since inflation is growing faster than wages.