Thursday, October 28, 2021
اُردُو نیوز Newspaper Live-TV(UK) Live-TV(PK)
اُردُو نیوز Newspaper
Live-TV(UK) Live-TV(PK)

UK consumer confidence stuck at six-year low in November

UK consumer confidence stuck at six-year low in November
November 29, 2019
LONDON (Reuters) - British consumer confidence remained stuck at its joint-lowest level since 2013 in November as uncertainty around the December 12 election and Brexit weighed on households, a survey showed on Friday. Market research firm GfK said its consumer confidence index held at -14 in November, as expected in a Reuters poll of economists. The survey looked in line with other indicators that have painted a subdued picture of the British economy, although a seasonally adjusted version of the GfK survey published by the European Commission on Thursday showed a small rise. “In the face of Brexit and election uncertainty, consumers are clearly in a ‘wait-and-see’ mode,” Joe Staton, client strategy director at GfK, said. Spending by consumers has helped the economy at a time when many companies have cut investment due to a lack of clarity about Brexit. Earlier this week, a measure of retail sales rose to its highest level since April in November.
تازہ ترین خبریں حاصل کرنے کے لیے فوری اطلاع کی اجازت دیں

آپ کسی بھی وقت دائیں طرف نیچے بیل آئیکن پر صرف ایک کلک کے ذریعے آسانی سے سبسکرائب کر سکتے ہیں۔