Concerns about the general economic situation in the UK over the next 12 months are weighing heavily on consumers’ minds as GfK’s UK Consumer Confidence Index for July dropped
three points. The overall index score fell to 4 points this month having reached a score of 7 in June; the latter, a level not seen for at least 10 years. In July, expectations for the
general economy fell five percentage points to -1 compared to the previous month.
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