Household Finances Climb From Record Low | Debt Advice Foundation

Household Finances Climb From Record Low

The Markit Household Finance Index showed a small improvement in September, climbing from 33.2 to 35.1. 37% of those surveyed claimed their finances had deteriorated since August with only 7% believing their financial situation had improved.

The Markit Household Finance Index showed a small improvement in September, climbing from 33.2 to 35.1. 37% of those surveyed claimed their finances had deteriorated since August with only 7% believing their financial situation had improved.

The survey also revealed that public sector workerfinances deteriorated at a record rate, whilstprivate sector workers, in contrast, saw the smallest decline in their financial circumstances for 5 months.

Surprisingly, consumer spending rose for a seventh consecutive montheven though average disposable incomecontinuedto fall.

To read the full article click here.

Helpine Logo
Helpline Callback

If you’re unable to call our free debt helpline number 0800 043 40 50 right now, you can fill in the form below and one of our advisors will call you back at a time of your choosing.

Call for FREE debt advice on


0800 043 40 50

Monday to Friday 8am to 6pm