UK consumer confidence improves in February - Breaking The News

UK consumer confidence improves in February

21 February

1 min read

EPA/FACUNDO ARRIZABALAGA

Consumer confidence in the United Kingdom improved in February, reaching levels last seen in September, the latest GfK survey published on Friday showed.

The index increased by two points in February, reaching negative 20 points.

Neil Bellamy, GfK's consumer insights director, noted that this contrasts sharply with January when the five main measures of consumer confidence were all down. However, he added that the index was still low as "the majority of consumers continued to wrestle with the impact of higher prices following more than two years of high inflation."

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