UK Consumer Confidence falls due to homeowner pessimism –YouGov survey
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According to the latest survey conducted by YouGov and consultancy the Centre for Economics and Business Research, British consumer confidence fell in September due to a steep deterioration in homeowners’ attitudes towards their house values.
“The overall consumer confidence index for the month decreased by 1.1 points, from 98.8 to 97.7.”
“For the third month in a row, homeowners’ views of their property’s value fell and we may see this fall further still, following speculation around rising interest rates in the months to come.”
GBP/USD shrugs off the above survey findings, keeping gains intact beyond 1.1000. The pair was last seen adding 0.63% on the day at 1.1030.
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