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UK consumer confidence fell in October, GfK says
31-10-2012 08:35
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Consultancy GfK´s gauge of consumer confidence for the month of October has fallen to -30 points, from -28, its lowest level since April.
The consensus estimate had been for an unchanged reading.
Of the four sub-indices only one improved, that which measures consumers´ sentiment as regards the general economic situation in the recent past. It rose by 1 point to -53.
The sub-index measuring participants´ own past financial situation retreated to -24 points (from -21), while the forward looking measure declined to -13, from -8.
The gauge linked to the climate for major purchases also deteriorated, with the relevant index falling to -33 from -31.
AB
The consensus estimate had been for an unchanged reading.
Of the four sub-indices only one improved, that which measures consumers´ sentiment as regards the general economic situation in the recent past. It rose by 1 point to -53.
The sub-index measuring participants´ own past financial situation retreated to -24 points (from -21), while the forward looking measure declined to -13, from -8.
The gauge linked to the climate for major purchases also deteriorated, with the relevant index falling to -33 from -31.
AB
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