Economic optimism rising...

The mood music on the economy in this summer news season is certainly positive.  But it is not only the media which is becoming more positive about the economic outlook.  In its latest Inflation Report, published this month, the Bank of England shows in this chart that not only are people becoming more optimistic about the economy in general; they are also becoming more optimistic about their own personal financial situation.

Inflation Report Aug 13 Chart
Source:  Research carried out by GfK NOP on behalf of the European Commission.
(a) The question asks how households expect their personal financial situation to change over the next twelve months.
(b)  The question asks how households expect the general economic situation to change over the next twelve months.


 

Stephen Beer, 14/08/2013

 
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