British consumer morale eases in June -GfK survey

Newswire

LONDON, June 29 (Reuters) - British consumer confidence eased last month, although people's expectations for the coming year held steady, a survey showed on Friday. GfK NOP's consumer confidence barometer fell in June to -3 from a two-year high in May of -2, in line with analysts' forecasts. The decline was driven by consumers feeling more downbeat about the economy in the last 12 months, with an index reading of -24 versus -18 in May. GfK blamed the weakening on rising interest rates. ...

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