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<Econ> UK's March GfK Consumer Confidence Drops to -21, Near One-Year Low
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According to GfK's monthly survey, due to households' concerns about the potential economic impact of the Iran war and the possibility of significant price increases, the UK's consumer confidence index fell from -19 in February to -21 in March, marking the lowest level since April 2025. However, the decline was less than economists had predicted. The assessment of the overall economic situation for the next 12 months by households showed the most significant drop, decreasing by 6 points, while their view of their own financial situation remained almost unchanged from the previous month. The survey indicated that household inflation expectations rose moderately, reaching the highest level since November last year. (to/s) Auto-translated by third-party software This translation was auto-generated by third-party software. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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