Consumer confidence falls amid fears over cuts
Larry Elliott
"Consumers are growing anxious about the state of the economy and their own personal finances as George Osborne's package of spending cuts looms, according to a study of confidence published today.
"The report followed the release of three pieces of data yesterday - a drop in mortgage approvals, weak consumer credit and a decline in output from the service sector - that heightened fears that the economy has entered a new slow patch.
"The latest snapshot of consumer confidence from GfK NOP found that August's pick-up in sentiment had proved short-lived, with the index dropping two points to minus 20."
Pour citer cette ressource :
"Consumer confidence falls amid fears over cuts", La Clé des Langues [en ligne], Lyon, ENS de LYON/DGESCO (ISSN 2107-7029), septembre 2010. Consulté le 21/03/2023. URL: https://cle.ens-lyon.fr/anglais/archives/archives-revue-de-presse/consumer-confidence-falls-amid-fears-over-cuts