Retail GazetteBusiness & Tech• 1 min read

Consumer confidence suffers biggest fall since Covid as cost-of-living pressures mount

UK consumer confidence has plunged at its fastest rate since the Covid pandemic. The latest GfK Consumer Confidence Barometer revealed an 11-point drop in October to -24, down from -13 in September, marking the sharpest monthly decline since the early months of the pandemic.

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