4 Sep

Consumer confidence fell in September

first_imgWednesday 29 September 2010 11:16 pm whatsapp Show Comments ▼ Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap BRITONS lost confidence in September as fears of a double-dip recession intensified, indicating that last month’s improvement was merely a blip, according to the GfK consumer confidence survey published today.Nick Moon, managing director of GfK NOP Social Research, said: “September’s slump suggests the rise in consumer confidence in August was a false dawn, as feared.”The headline index fell two points to -20, the lowest level in more than a year apart from the July trough that was likely to have been caused by the emergency Budget. There was a decline in consumers’ confidence in their personal financial situation over the past year and in their expectations for the next 12 months as well as in the general economic situation. Optimism for the economy over the next year fell five points to -19, 23 points lower than in September 2009.However, more consumers now think that the current climate is good for making major purchases with the index rising five points compared to August. This is perhaps due to the scheduled January VAT hike encouraging consumers to buy big ticket items before the end of the year. KCS-content center_img Consumer confidence fell in September whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com Share Tags: NULLlast_img read more