UK consumer morale falls to lowest point in 6 months in October: GfK
November 1, 2012, 1:09 am TWN
LONDON--British consumer confidence fell to its lowest in six months in October, highlighting the fragility of Britain's recovery from recession, a survey by researchers GfK NOP showed on Wednesday.
The poll's headline index dipped to -30, the lowest since April when the country was in the middle of an economic slump. Analysts had forecast a steady reading of -28.
The latest figure contrasts with the official end of recession between July and September, when the economy grew 1 percent, partly helped by the London Olympics.