Posted On: 12/20/2012 11:40:08 PM
Post# of 28499
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LONDON (Reuters) - British consumer confidence fell sharply in December, all but wiping out the previous month's improvement, as expectations for the wider economy worsened, a survey showed on Friday. The GfK NOP headline index plunged to -29 this month from November's 18-month high of -22, disappointing economists' forecasts for a reading of -25. "The index is now only one point higher than it was in October 2012, indicating that consumer sentiment is still fragile despite the fact Christmas is less than a week away," said Nick Moon, GfK's managing director of social research. ...
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