LONDON (UK) – A measure of consumer confidence among people in Britain saw a dip for the first time in six months in October as concerns rose about new COVID-19 restrictions, polling firm YouGov and the Centre for Economics and Business Research said.
Concerns about household finances and property values came down the index to 101.3, down 1.1 points from September.
Kay Neufeld, head of macroeconomics at Cebr said, “The first fall in the Consumer Confidence Index in six months may prove to be a turning point in consumer sentiment as the reality of a second wave sets in.”
The separate GfK Consumer Confidence Index published on Friday showed sentiment witnessed a fall this month, found to be the most since a slump at the start of the pandemic.