U.K. Consumer Confidence Drops
A shoppers carry bags along Oxford Street in London, U.K., on April 17, 2018.
Photographer: Luke MacGregor/BloombergThis article is for subscribers only.
U.K. consumer confidence slid this month after a year of faster inflation and meager wage gains.
GfK’s gauge slid to minus 9 in April, down two points from March and marking the 28th consecutive month without a positive score, the firm said in a report Friday. Measures of personal finances, for both the past year and next 12 months, deteriorated, as did an assessment of the general economic situation.