The Trader 

Market Outlook: November strains

The Trader

Survey data from IHS Markit show that Britons see the outlook for their finances worsening.  After a brief respite in October the index dropped to 43.4 this month, clearly below the 50 neutral rate.  London households saw the biggest drop, touching its weakest level in five years.  Their economist Sam Teague noted, ‘the latest deterioration reflected a reduction in real wages in the face of rising price pressures’.  

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