Article 1C5FH Consumer confidence in UK at lowest level in 15 months, survey suggests

Consumer confidence in UK at lowest level in 15 months, survey suggests

by
Katie Allen
from on (#1C5FH)
Story Image

Uncertainty over EU referendum and ongoing political and financial turmoil in eurozone 'casting a cloud over economy'

Worries about the EU referendum in June and over a resurgence of the eurozone crisis have knocked consumer confidence in the UK to its lowest level in more than a year, according to a report.

Market research firm GfK said its consumer sentiment indicator for April was the weakest for 15 months as households became gloomier about the UK's economic outlook. The index dropped to -3 from a March reading of 0, when GfK also claimed referendum jitters had hit consumer confidence.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/business/economics/rss
Feed Title
Feed Link http://feeds.theguardian.com/
Reply 0 comments