India, July 21 -- British households remained pessimistic about economic conditions and their financial wellbeing in July, survey data from S&P Global showed on Monday.
The S&P Global consumer sentiment index rose slightly to 45.1 in July from 45.0 in June. However, the score below 50 signals deterioration.
The index tracks household financial wellbeing, labor market conditions, household spending, savings and debt.
Households expect their financial wellbeing to weaken again in July but at the least pronounced pace in seven months.
There was a solid improvement in labor market sentiment. They regained a sense of security in their job roles, the S&P Global survey showed.
Although income increased, households reported a slowdown in salar...