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- GfK’s U.K. consumer confidence index declines to 2 in October
GfK’s U.K. consumer confidence index declines to 2 in October
Gfk released its consumer confidence index for the U.K. on Friday. GfK's U.K. consumer confidence index fell to 2 in October from 3 in September. Analysts had expected the index to increase to 4.
3 of 5 measures increased.
"The good news on the domestic front - with households lifted by wage growth, low interest rates and near-zero inflation - is being tempered by concerns about our ability to shrug off the global downturn," Joe Staton, Head of Market Dynamics at GfK, said.
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