UK consumer confidence declines in January - Breaking The News

UK consumer confidence declines in January

24 January

1 min read

EPA/FACUNDO ARRIZABALAGA

Consumer confidence in the United Kingdom declined in January to its lowest point in more than a year, the latest GfK survey published on Friday showed.

The index decreased by five points in January, reaching a negative 22 points.

Neil Bellamy, GfK's consumer insights director, noted that "these figures underline that consumers are losing confidence in the UK’s economic prospects," the Financial Times reported.

data consumer confidence gfk

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