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Consumer confidence drops

The Journal

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May 08, 2025

CONSUMER confidence in the future of the UK economy has plummeted to its lowest level since the height of the cost-of-living crisis, according to a survey.

Almost two-thirds of consumers (64%) believe the economy will get worse before it gets better, according to the Which? Consumer Insight Tracker.

Confidence fell by seven points to minus 53 in April - its lowest level since December 2022 when the cost-of-living crisis was at its height and the inflation rate was above 10%.

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