Consumers in the United Kingdom became more pessimistic about the economy in March, according to poll results released Friday.
The GfK NOP confidence index declined to minus-31 from minus-29 in February.
The results are expected to be a disappointment for the UK government, said GfK director Nick Moon. "These figures make depressing reading for the government," he said, adding that the report shows consumers were less likely to make major purchases in March.
The GfK NOP survey was conducted March 2 through 11.
by RTT Staff Writer
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