UK consumer confidence falls 11 points to -24 in October, GfK survey shows

Bitget2026/10/23 06:27

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UK consumer confidence fell 11 points to -24 in October 2026, matching the decline following the July 2016 Brexit vote.
Expectations for the economy over the next 12 months dropped 14 points to -36.
The Major Purchase Index fell 14 points to -22, signaling weaker appetite for big-ticket spending.
Personal finance expectations for the next year declined eight points to -3 as persistent cost-of-living pressures weighed on confidence.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NIQ Global Intelligence plc published the original content used to generate this news brief on October 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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UK consumer confidence falls 11 points to -24 in October, GfK survey shows

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