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Gfk released its consumer confidence index for the U.K. on Friday. GfK's U.K. consumer confidence index fell to 1 in November from 2 in October. Analysts had expected the index to remain unchanged at 2.
3 of 5 measures decreased, 1 rose and 1 was unchanged.
"Overall, despite the good news agenda of rock-bottom inflation, falling fuel prices and higher wage growth boosting spending power, confidence appears to be depressed by a combination of wider economic, political and social events. However, one area that continues to hold up is our expectation for our personal financial situation for the next 12 months," Joe Staton, Head of Market Dynamics at GfK, said.
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