LONDON (AFX) - UK consumer confidence fell in August according to the latest monthly survey from GfK Great Britain Ltd, carried out on behalf of the European Commission, with the report's headline consumer confidence barometer falling to 0 from +4 the previous month. GfK said the drop reflects falls in four out of the five measures making up the headline index. The biggest fall was recorded in perceptions of the economic situation over the next 12 months. The only improvement was seen in the score for perceptions of developments in personal finances.

The table below provides a summary of the main findings of the latest GfK survey.

Aug July June May Aug 2000

CONSUMER CONFIDENCE 0 +4 +6 +2 +1
(composite measure)

SAY FINANCIAL POSITION +8 +6 +6 +5 +2
HAS IMPROVED OVER PAST YR
SEE FINANCIAL POSITION +12 +13 +13 +11
+11 IMPROVING OVER NEXT YR

SAY ECONOMIC SITUATION -17 -11 -5 -15 -18
HAS IMPROVED OVER PAST YR

SEE ECONOMIC SITUATION -22 -8 -3 -8 -10
IMPROVING OVER NEXT YR

SAY NOW IS RIGHT TIME +21 +23 +21 +18 +21
MAJOR PURCHASE