British households are the most optimistic about their financial situation since early 2015, boosted by a near-record employment situation, but the Brexit approach and concerns about inflation make them more concerned about the future, a British study showed.
IHS Markit said the monthly household finance index rose in August to its second highest level since its 9-year since it was launched at 45.9, up from 45 in July. Data released last week showed Britain's unemployment rate fell to a new 43-year low of 4 percent in the three months to June.
With less than 7 months remaining until Brexit, there is still disagreement over future trade relations, raising the likelihood that no agreement will be reached.