Consumer confidence plummets to lowest level in a year

Consumer confidence plunged across all metrics in January, pushing the index to lows not seen since the end of 2023.
The GfK consumer confidence report recorded a five point decline in its overall index score to -22 for the month, putting it beyond the one point fall which was expected.
The index measuring changes to personal finances over the past year slipped three points to -10, while changes to personal finances over the next year also fell three points to -2, according to the market researc