NEWS19 June 2009

YouGov and Markit launch Household Finance Index


UK— Financial information services firm Markit has teamed up with YouGov to launch the Household Finance Index (HFI), a monthly survey tracking the changing levels of household spending.

HFI aims to keep tabs on outgoings, savings and debt levels across a panel of more than 2,000 homes. Participants will be asked for their views on a range of topics including the government’s handling of the economy, inflation and house prices.

YouGov CEO Nadhim Zahawi said: “We are excited to be working with one of the leading financial information services companies to develop innovative new products as well as bespoke research for clients in this sector.”

Markit’s chief economist Chris Williamson said the service was “designed to fill a gap in the existing data available by providing an early, accurate indication of actual changes in household finances”.