An index measuring consumer confidence in the United Kingdom was down for the first time in a year in November, the GfK/NOP survey revealed on Monday.
The index came in with a score of -17, well below expectations for a -11 following the -13 in October. It remained well above last year's score of -35, however.
Four of the five components declined, led by the major purchases index which fell from -12 to -19. Also, confidence in the general economy fell from -53 in October to -59 in November.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.