27 September 2001, 10:04 OVERNIGHT UK Sept consumer confidence dn - GfK; OPEC...
LONDON (FWN) - UK consumer confidence fell in September 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 -1 from 0 the previous month.
GfK said the drop reflects falls in four out of the five measures making up
the headline index, the only exception being the measure that gauges confidence
in the general economic situation over the next 12 months.
LONDON - Confidence in the British economy has fallen to its lowest level
in more than 20 years following the recent terror attacks on the US, according
to a survey published in The Times.
The Mori economic optimism index, which measures the proportion of people
who believe the nation's economy will improve over the next 12 months, now
stands at minus 56 points, down from minus 31 one month ago.
The figures are the worst since March 1980, The Times said.
VIENNA - OPEC has agreed to leave crude output volumes unchanged, a source
close to the cartel said.
"No change," the source said after the OPEC talks.
ESSEN, Germany - Russia is ready to supply additional oil in theevent of a
US military intervention in Afghanistan, said Russian President Vladimir Putin
on Wednesday.
LONDON - Britain will lose 2.5 bln stg in potential overseas earnings this
year and could take up to four years to recover because of the combined effect
of the foot-and-mouth crisis and the recent US attacks, the FT reported.
The British Tourist Authority on Wednesday admitted that the flow of
visitors from the US would be severely cut, and that it would focus most of its
short-term marketing on Europe, the FT said.
WASHINGTON - The IMF Executive Board approved a 135 mln usd loan
disbursement to Pakistan under an existing stand-by loan facility, to support
the country's economic reforms.
The IMF said in a statement this final disbursement to Pakistan under the
loan will bring total funds released to about 600 mln usd since the program was
launched last November.
TOKYO - Retail sales fell 3.4 pct year-on-year in August after declining by
a revised 3.1 pct in July, the Ministry of Economy, Trade and Industry said.
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