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MNI BRIEF: Too Early To See Consumer Take On UK Election - GfK

UK consumers await election implications for their pocketbooks.
Bank of EnglandGlobalCentral Bank NewsPolicy NewsHomepageCEEMEABriefUKStoryRegion

MNI (LONDON) - UK consumer confidence edged higher in July, but the outcome was based largely on data from the first week of the month and wasn't impacted by the result of the UK's July 4 general election, the head of a leading survey said Thursday.

"Lets look at the data overall as a holding month, with most of the survey completed before the actual election results were known," GfK head of Client Strategy Joe Staton told MNI.

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MNI (LONDON) - UK consumer confidence edged higher in July, but the outcome was based largely on data from the first week of the month and wasn't impacted by the result of the UK's July 4 general election, the head of a leading survey said Thursday.

"Lets look at the data overall as a holding month, with most of the survey completed before the actual election results were known," GfK head of Client Strategy Joe Staton told MNI.

Keep reading...Show less