UK DATA: GfK/NOP: UK Consumer confidence unchanged at -29 in July
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Consumer confidence remained stuck at low levels in July, according
to the latest consumer confidence index report from GfK. The July GfK
Consumer Confidence index remained at -29, way below the survey’s long
run average of -9. The GfK index has now held close to the -30 level
for an entire 13-month spell – extending the worst run in its 40-year
history. The headline reading was in line with analysts’ median
forecasts.