All five of the measures used to calculate GfK’s UK Consumer Confidence Index decreased over the past month. The biggest drop is in how the UK thinks the general economic situation has changed over the past 12 months, tumbling six points to -3.
The nation’s expectations for the general economic situation in this country over the next 12-months has decreased five points to -2, six points lower than this time last year.
The drop in confidence among British consumers can be attributed to economic uncertainty, GfK’s head of market dynamics Joe Staton told Marketing Week.
“This sentiment comes in the wake of the Read full story ›
Source: Marketing Week
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