UK data - GfK Consumer Confidence steady at -13 in August (expected -12, prior -13)

  • Stikcs at its highest since September 2021

GfK Consumer Confidence still net pessimistic but holding at its highest since around three years ago.

Joe Staton, client strategy director at GfK:

  • "This more positive outlook may be due to a mortgage-friendly interest rate cut at the beginning of August, and hopes of more to come"
uk consumer sentiment 23 August 2024 gkf

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