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- UK consumer confidence falls after five months of gains - YouGov/Cebr
UK consumer confidence falls after five months of gains - YouGov/Cebr
Reuters reports that polling firm YouGov and the Centre for Economics and Business Research said that a measure of consumer confidence among people in Britain fell for the first time in six months in October as worries mounted about new COVID-19 restrictions.
Concerns about household finances and property values pushed down the index to 101.3, down 1.1 points from September.
"The first fall in the Consumer Confidence Index in six months may prove to be a turning point in consumer sentiment as the reality of a second wave sets in," Kay Neufeld, head of macroeconomics at Cebr said.
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