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Consumer confidence is at a 12-month low after the snap election

LONDON — Consumer confidence is at its lowest point since the immediate aftermath of the Brexit vote, according to a closely-watched survey. GfK's consumer confidence index declined by 5 points to -10 in June, the market research company said on Friday. It is the lowest reading since June 2016, when the index hit -12. Joe Staton, Head of Market Dynamics at GfK, says in a release: "This month’s survey covers the period before and after the UK general election and reveals a sharp drop in confidence among consumers across all measures.
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