Cost-of-living squeeze hits UK consumer confidence: YouGov/Cebr
Reuters
Published Oct 11, 2021 11:38
Updated Oct 11, 2021 11:51
LONDON (Reuters) - British consumer confidence slid to a five-month low in September as households, grappling with rising inflation and shortages of some goods, became much less confident about their finances, a survey showed on Monday.
Pollsters YouGov and consultancy CEBR said their gauge of consumer confidence fell 2.3 points to 110.5, a level last seen in April.
"The past few months of rising prices, bill increases and a fuel crisis brought on by labour shortages have decimated Britons' confidence in their personal finances for the coming year," said Darren Yaxley, director of reputation research at YouGov.
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Written By: Reuters
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