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UK Consumer Confidence Slips In November

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An index measuring consumer confidence in the United Kingdom was down for the first time in a year in November, the GfK/NOP survey revealed on Monday.

The index came in with a score of -17, well below expectations for a -11 following the -13 in October. It remained well above last year's score of -35, however.

Four of the five components declined, led by the major purchases index which fell from -12 to -19. Also, confidence in the general economy fell from -53 in October to -59 in November.

(Market News Provided by RTTNews)

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