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UK household confidence drops to six-month low in December - IHS Markit [Reuters (UK)]

IHS Markit Ltd. Common Shares (INFO) 
Last ihs markit ltd. common shares earnings: 3/24 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.ihsmarkit.com
Company Research Source: Reuters
UK household confidence drops to six-month low in December - IHS Markit | Reuters 3 Min Read LONDON (Reuters) - British households’ confidence in their finances hit a six-month low in December, as their earnings from employment rose more slowly while living costs increased, a survey showed on Monday. The monthly Household Finance Index from financial data company IHS Markit fell to 43.9 in December, its lowest since June, from 44.4 the month before. Worse conditions in every aspect of households’ finances prompted pessimism for the new year ahead, with future financial outlook plummeting to one of its lowest readings in over four years. As Christmas approaches and March’s Brexit deadline looms, the significant decrease in consumers’ financial health could trigger fears of a knock-on effect for the economy as a whole. “(The) data demonstrate the negative impact that political and economic uncertainty is having on households,” IHS Markit economist Joe Hayes said. “If sentiment continues Show less Read more
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