U.K. Consumer Mood May Be Recovering After Brexit Jolt: ChartBy
U.K. consumers are settling down in a “wait-and-see” mode after the Brexit decision in June initially sent sentiment tumbling the most since 1990. According to GfK’s monthly index, Britons’ confidence and their eagerness to make big-ticket purchases partly rebounded in August. While that suggests a resilience among households for now, Bank of England forecasts indicate slower economic growth, weaker hiring and faster inflation lie ahead, which could keep that mood in check.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- Smartphones Are Killing Americans, But Nobody’s Counting
- Why a Pub in the Middle of Nowhere Was Named the World’s Best Restaurant
- Gulf Coast Oil Spill May Be Largest Since 2010 BP Disaster
- Racist Outburst Prompts Faber’s Exit From Three Company Boards
- Airbus Snaps Up Bombardier Jet in New Challenge to Boeing