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UK consumer confidence falls into negative territory for first time since 2020

Confidence among UK consumers has fallen into negative territory for the first time since June 2020, according to a survey.

by | 15 Sep, 2022

The Consumer Confidence Index from YouGov and the Centre for Economics and Business Research (Cebr) fell by 4.2 points in August from 103.0 to 98.8, the largest decline since the early stages of the pandemic.

It comes as inflation, largely driven by energy price rises, piles pressure on consumers ahead of winter.

Read more at City A.M.

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