May 25, 2018

City A.M. – House price slump sees biggest consumer confidence drop in two years

Falling house prices and fears over job security have dented consumer confidence in the UK, which has seen its biggest drop in two years.

 

According to the consumer confidence index compiled by Yougov and consultancy group the Centre for Economics and Business Research (CEBR), consumer confidence fell to 108.4, down 1.4 points from April.

 

While this still means that a majority of UK consumers are confident about the economy, the score is still considerably below where it was before the Brexit referendum in 2016.

 

 

Read the full article here.

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