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The Independent UK

National

Josie Clarke

Consumer confidence plunges in run-up to festive season

GfK Middle East KPMG

PA Archive

Consumer confidence has plunged in the run-up to the festive season as uncertainties posed by conflict in the Middle East add to accelerating energy, fuel and mortgage costs.

GfK’s long-running Consumer Confidence Index fell nine points to minus 30 in October, taking it back to a level last seen in July last year.

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