Consumer confidence inches up but ‘too early to talk about green shoots’

Shoppers walking on Carnaby Street

The GfK consumer confidence index increased by seven points to -38 in February in a surprise rebound after languishing at historic lows. 

The index fell to its lowest at -49 in September last year, followed by a steady increase and then a decline to reach -45 in January 2023.

 

Already have an account?

Want to read more?

Register for LIMITED guest access

Register now

Get premium access

£5 A MONTH for 3 months

Subscribe now