View full page at forexfactory.com

 

UK consumer confidence hits all-time low

From mirror.co.uk

Consumer confidence has crashed to an all-time low, a key survey has revealed. The Nationwide Building Society’s index of how people are feeling fell to 36 in October, having dropped for the past five months. Robert Gardner, Nationwide’s chief economist, said: “A wave of disappointing economic news at home and uncertainty surrounding the euro crisis has dealt a blow to sentiment. Advertisement >> “Pressures on household budgets have also intensified, with underlying wage growth running at less than half the rate of inflation and the jobs market showing signs of weakness.” Just 3% of those questioned said the ... (full story)

Story Stats

  • Posted:
  • Category: Low Impact Breaking News