Consumer confidence continues to recover as double-digit inflation fails to deter Brits from splashing cash

Consumer confidence continues to recover as double-digit inflation fails to deter Brits from splashing cash

City A.M.

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Consumer confidence in the year ahead is continuing to recover despite persistent cost-of-living pressures, a long-running survey suggests. GfK’s Consumer Confidence Index rose by three points in May to minus 27, the fourth monthly increase in a row from January’s minus 45. Confidence in personal finances over the coming 12 months saw a “robust” five-point [...]

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