UK consumer confidence unchanged in August - Breaking The News

UK consumer confidence unchanged in August

22 August

1 min read

EPA-EFE/ANDY RAIN

Consumer confidence in the United Kingdom in August remained at a negative 13 points, unchanged from July and slightly lower than expected, the latest GfK survey showed.

“There are interesting contrasts behind this headline. On the one hand, our expectations for the UK's economy are down for the first time since February, with this measure registering a four-point decrease to -15," Client Strategy Director at GfK Joe Staton said.

"There's a three-point drop in how consumers view the economy last over the past year too. At the same time, there are strong personal financial expectations for the coming year with a three-point uptick in this measure from +6," he added.

data consumer confidence gfk

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