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UK Consumer Confidence drops one point in December to -13
GfK’s long-running Consumer Confidence Index decreased by one point to -13 in December. Two of the five measures used to calculate the score fell in December, two measures stayed at the same level and one saw a one-point increase. Joe Staton, Head of Market Dynamics at GfK, says: “It has been a slipping and sliding year. The Overall Index Score has slipped from - 7 in January to -13 in December – and not a single positive score in between. In fact, we have not been in positive territory for nearly two years. It’s a similar story for the Major Purchase Index, a robust +10 at the start of the year in January ... (full story)