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December consumer confidence drops to lowest levels for 2017

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Consumer confidence in December has fallen to the lowest level for 2017, capping what has been a “slipping and sliding year” dominated by Brexit uncertainty and inflation. According to the long-running GfK Consumer Confidence Index, overall UK consumer confidence dropped by one point to a score of -13 this month – a significant year-on-year drop from the -7 recorded in December 2016. Not only is it the the third consecutive month that consumer confidence has fallen, it also comes at a crucial time for retailers hoping to benefit from the peak Christmas shopping season

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December consumer confidence drops to lowest levels for 2017

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