Consumer confidence has dropped in January as it continues to bump along at near-record lows.
According to GfK, its long-running Consumer Confidence Index has fallen by three points this month to -45.
GfK’s index measuring expectations for the general economic situation over the next 12 months has fallen by one point to -54 this month, although the forecast for people’s personal finances has increased by two points to -27.
Meanwhile, GfK’s major purchase index is down six points to -40, which is 30 points lower than January last year.
