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9/24, 1:03 AM (Source: TeleTrader)
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British consumer morale slips in September - GfK

British consumer confidence disappointed expectations in September, according to a GfK survey conducted for the month. The figure represents the biggest drop in confidence among consumers seen since October last year.

The Consumer Confidence indicator stood at negative 13 points, decreasing by 5 points compared to the data seen the month before, however, marking an overall improvement compared to the 34-point drop recorded in April last year after the first coronavirus lockdown.

"All measures have declined this month and consumers are clearly worrying about their personal financial situation and the wider economic prospects for the year ahead," GfK client strategy director, Joe Staton, said about the data.

Breaking the News / NL