Consumer Confidence Nosedives Amid Cost of Living Crisis

Consumer Confidence Nosedives Amid Cost of Living Crisis
Undated file photo showing crowds of people waking in a street. Jane Barlow/PA Media
|Updated:

UK Consumer confidence has continued to nosedive as the cost of living crisis deepens, a long-running survey shows.

GfK’s Consumer Confidence Index fell five points to minus 31 in March as consumers confront a “wall of worry” amid 30-year-high levels of inflation.