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July sees Consumer Confidence decrease three points
GfK’s UK Consumer Confidence Index has decreased three points to 4 in July. Three of the measures used to calculate the Index saw decreases this month, one measure saw an increase and one measure stayed the same. Joe Staton, Head of Market Dynamics at GfK, says: “Concerns about the general economic situation in the UK for the next 12 months appear to be weighing heavily on consumers’ minds at present. We’ve seen a five-point drop in expectations into negative sentiment, a full ten points lower than this time in 2014. In part, driven by anxiety over the potential Grexit melt-down and global uncertainty, ... (full story)