UK consumer confidence surges to pre-Brexit levels - survey



- British consumer morale rocketed back to pre-Brexit levels in September, a survey found, confounding expectations that the vote to leave the EU would wreak more lasting damage on Briton's willingness to spend.
Market research firm GfK's gauge of consumer confidence suffered its sharpest drop in over 26 years in July as economists said Brexit would pitch the economy into recession, but data suggests Britain has avoided a rapid slump.
The GfK index, based on an online poll of 2,000 people, rose to -1 in September from -7 in August - the biggest increase since June last year and restoring... read more

 
30 September 2016 in Business, Views: 46
Source: Reuters
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