UK households are anticipating a rough twelve months as inflation expectations hit a four month high.
According to Markit's Household Finance Index for September, nearly half of households are expecting their financial situations to worsen, representing the worst financial outlook since March 2010.
The increasingly high cost of living coupled with static salaries has meant many people are struggling to make ends meet. Three quarters of households confirmed their living costs had increased, with higher fuel and grocery prices impacting on everyday outgoings.
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