Consumers braced for ‘turbulence’ as confidence slides

High-Street-2-index

Consumer confidence registered declines across all measures this month as shoppers’ concerns regarding their personal finances increased.

UK consumer confidence fell three points to -13 in June, down four points year-on-year according to the GfK Consumer Confidence Index.

Shoppers’ confidence in their personal finances over the coming year and previous 12 months registered declines of four points to -1 and three points to 2 respectively.

People’s confidence in the general economy in the previous year fell two points to -32, while their confidence in the general economy in the year ahead declined four points to -33.

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