Thursday 7 November 2013

U.K. Expectations for inflation registered a sharp rise during the month.

The Lloyds Bank consumer confidence barometer improved in October. 

Expectations for both inflation and interest rates in the coming year registered a sharp rise during the month. 

The net balance for expected prices rose by nine points to 76, a seven-month high, while the balance of expected interest rates rose eight points to 46, its highest level since April 2012. 

The index of job prospects edged upwards by two points to -11, its highest level since July 2005, while the job security balance remained steady at -7, which is its highest score since April 2008.

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