This is the first decline for the indicator since January, comes in at -30

  • expected -26, prior -24
  • "Reality has started to bite and, as people continue to struggle to make ends meet, consumers will pull back from spending," Joe Staton, GfK's client strategy director said.
  • the biggest month-on-month drop in GfK's confidence measure since March to April 2022
UK Chancellor Rishi Sunak

UK PM Sunak