Consumer confidence in the United Kingdom slid to a four-month low in October, the latest survey from GfK showed on Friday with an index score of +2.
That was shy of expectations for +4 and down from +3 in September.
A sharp decline in construction is seen as the main factor weighing on confidence.
“Good news on the domestic front – with households lifted by wage growth, low interest rates and near-zero inflation – is being tempered by concerns about our ability to shrug off the global downturn,” GfK analyst Joe Staton said.
The material has been provided by InstaForex Company – www.instaforex.com