Belfast Telegraph

UK consumer confidence slips again

By Josie Clarke

Consumer confidence fell in April amid pessimism about personal finances and the general economic situation for the year ahead.

GfK's long-running consumer confidence index dropped by two points to minus nine to reach 28 consecutive months in negative territory.

The survey found consumers' view of the UK's general economic situation remains low and revealed a significant drop in the measure of confidence around personal finances, both for the last 12 months and the year ahead.

The measure relating to security in day-to-day finances and consumers' plans to shop and spend fell by four points this month to minus one - two points lower than this time last year, while the forecast for the next 12 month fell six points to positive four. Confidence around the economic situation during the last 12 months was down.

Belfast Telegraph

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