UK consumer confidence index remained unchanged In January

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According to GfK NOP Ltd., the UK consumer confidence index remained at minus 14 points. This is the minimum value since 2013. The index retains a negative value for 37 consecutive months. A positive index value was last noted in January 2016. The representative of GfK believes that the British remain uncertain about the financial situation due to global economic events in the country. At the same time, employment, growth in household incomes and low inflation support consumer confidence. Two of the five sub-indexes decreased the value in relation to December. The assessment of the personal financial situation increased by 1 point, the indicator of expectations for the next year increased from minus 1 point to plus 1 point. The indicator for assessing the overall economic situation fell by 1 point. Indicator of the readiness of the British to make large purchases remained at the level of 2 points.

 

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