UK consumer confidence falls to multi-month low, survey finds
A closely watched index shows household financial confidence weakening ahead of the UK budget amid concerns over interest rates and job security, The Guardian reported.
UK consumer confidence has fallen to its lowest level in three months amid concerns over a possible rise in mortgage payments and job insecurity, according to a survey cited by The Guardian.
The S&P Global consumer sentiment index dropped to 42.7 in September from 42.9 in August, which the survey said pointed to "a notable strain on financial confidence" across UK households. The Guardian noted the figures come ahead of the government's next budget.
Sources
- Fears over interest rate rise and jobs send UK consumer confidence to three-year low — The Guardian — World
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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