Consumer confidence has fallen across all measures as the public braces for difficult news in next week’s Budget , figures show.
GfK’s long-running Consumer Confidence Index fell by two points to minus 19 in November, with all five measures from confidence in the general economy to spending expectations tumbling.
Neil Bellamy, consumer insights director at GfK, said: “This is a bleak set of results as we head towards next week’s Budget.
“A fall across all five measures suggests the public is bracing for difficult news, with little in the current climate to lift expectations.”
Forward-looking measures for confidence in both personal finances and the general economy both fell by two points – although the personal finances measure is an improvement of two points compared to this time l

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