UK consumer confidence touches 4-month high (not a great result though) at minus 17

UK consumer confidence touches 4-month high in December, GfK survey.Comes in at -17, highest reading since Augustprior -18expected -18GfK comments:consumers still uncertain about making big-ticket purchasesconsumers' relatively weak confidence about the overall economy compared to their own finances "We will need to see robust improvements in these perceptions of the economy before we can start talking about sustained improvements in the consumer mood," More:separate YouGov/Cebr survey published on Wednesday showed consumer confidencece ticked higher this month This article was written by Eamonn Sheridan at www.forexlive.com.

Dec 13, 2024 - 05:45
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UK consumer confidence touches 4-month high (not a great result though) at minus 17

UK consumer confidence touches 4-month high in December, GfK survey.

Comes in at -17, highest reading since August

  • prior -18
  • expected -18

GfK comments:

  • consumers still uncertain about making big-ticket purchases
  • consumers' relatively weak confidence about the overall economy compared to their own finances
  • "We will need to see robust improvements in these perceptions of the economy before we can start talking about sustained improvements in the consumer mood,"

More:

  • separate YouGov/Cebr survey published on Wednesday showed consumer confidencece ticked higher this month
This article was written by Eamonn Sheridan at www.forexlive.com.
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