Consumer confidence in the United Kingdom dropped to a three-month low in February, defying expectations for a modest improvement, amid a deterioration in households' assessment of their personal financial situation, results of a survey showed on Friday.
The U.K. consumer confidence index fell to -19 from -16 in January, the Consumer Confidence Barometer survey by the GfK and the Nuremberg Institute for Market Decisions (NIM) revealed. Economists had expected a mild increase to -15. The latest reading is the lowest since November.
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe NowAlready subscribed? Sign in
by Jyotsna V
For comments and feedback: contact editorial@rttnews.com