UK households more cautious about major purchases: IHS Markit

British working-age households are growing more cautious about making major purchases amid concerns about Brexit and a possible recession, a monthly consumer survey showed on Monday.

The IHS Markit Household Finance Index dropped to a three-month low of 43.7 in August from 44.3 in July, and households’ appetite to make major purchases fell at the second-fastest rate since September 2017.

Read more at Reuters.