Consumer confidence in the UK is at a minimum of almost a year


Consumer confidence in the UK, according GfK, in October fell to the lowest since December 2017 level of minus 13 points compared with the September value of minus 10 points. These data suggest that, compared with steady growth in the middle of this year, the British economy has slowed its rise in anticipation of the country's withdrawal from the EU. The most significant fall in October was shown by an indicator defining the intentions of the British to make purchases. The index of consumer confidence in the economy for the next year was the lowest since the vote on Brexit. Experts fear a deterioration in sentiment in the event that the variant of a Brexit deal proposed by Teresa May does not receive the support of the British Parliament.

The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions
Something went wrong