Consumer confidence UK GfK Group decreased in August



Consumer confidence UK GfK Group in August dropped to -7, while analysts expected a decline to -8. Despite the decrease, the index in August was better value July, when the indicator dropped to -12. Consumer confidence remains weaker than it was before the vote on June 23, when the index was -1.

The consumer confidence index from the GfK Group is a leading indicator reflecting the level of consumer confidence in economic activity. Presented indicator is based on a survey of 2,000 people, conducted from 1-16 August.

The improvement in consumer confidence is affected by high employment and income growth in the UK, as well as the trust contributed to the good weather in recent months.




Consumer confidence UK GfK Group decreased in August 31.08.2016

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