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ECONOMICS COMMENTARY Jan 27, 2014

Gloom lifts over UK household finances amid lowest job concerns for at least five years and falling inflation perceptions

At 41.5 in January, up from 40.9 in December, the seasonally adjusted Markit Household Finance Index (HFI) rose to its joint-highest level in the five-year survey history. The index matched the figure seen in August 2013. Although still below the neutral 50.0 value, the latest HFI reading continues the gradually improving trend since pressures on household finances peaked during the summer of 2011.

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