UK Consumer Confidence Plunges 11 Points in October
GfK’s consumer confidence index fell 11 points from September to -24, with all five confidence measures declining. Excluding the 25-point slide at the onset of Covid, it was the steepest fall since the 2016 Brexit vote.
GfK’s long-running consumer confidence index dropped 11 points from September to -24, as all five confidence measures declined. Apart from a 25-point fall at the start of Covid, this was the sharpest decrease since the 2016 Brexit vote. The measure of personal finances over the last 12 months fell to…