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Consumer confidence drops to record low as economic gloom spreads

By Rosie Shepard24 June 2022

Woman balancing finances with phone, calculator, receipts and laptop, shown from shoulders down

Consumer confidence has taken another blow in June as the cost-of-living crisis worsens.

Consumer confidence dropped another point overall this month, reaching an all-time low of -41 since records began in 1974.

This was 32 points lower than the same month last year, according to the latest data from GfK.