Economy

UK consumer confidence sinks to new record low in June

Consumer expectations for the general economic situation have also taken a hit during the month, falling one point to -57; this is 55 points lower than June 2021

UK consumer confidence has fallen to the lowest level since records began during the month of June, according to the latest figures from GfK.

GfK’s long-running Consumer Confidence Index decreased one point to -41, a new record with four measures down in comparison to the May 20 announcement, with one remaining flat.

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