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UK data - GfK Consumer Confidence for November -44, up from October's -47

UK data -  GfK Consumer Confidence for November -44, up from October's -47

Consumer sentiment edge higher to a still appalling -44.

Its crawling along the bottom near record lows ( -49 in September).

Consumers are being slammed by soaring inflation, recession.

Says the report:

  • All five of GfK's gauges of household economic and financial confidence improved in November, but it said the big picture of a cost-of-living crisis and weak economy was unchanged.

The UK recently ICYMI:

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Posted: Nov 18 2022, 00:06
Author Name: forexlive
Views: 110732

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