Consumer confidence data is published by market research firm GfK, based on a survey of 2,000 people
Comes in at -12 for July
- expected -11, prior -10
More (this via Reuters, bolding mine)
- This is a one-year low
- "All bets must now be on a further drift downwards in confidence," said Joe Staton, head of market dynamics at GfK
- The component of the survey which measures households' assessment of the economic situation over the past year - a good guide to official data on household spending - hit its lowest level since July 2013
- "If Brexit negotiations continue to deliver more questions than answers, it's unlikely the overall index score will find any tailwinds for some time," Staton said
