UK consumer confidence falls but optimism for year ahead remains
Consumer confidence took a dip in February as the UK entered recession, but the outlook for the next 12 months remains sturdy as consumers continue to spend despite the cost-of-living crisis.
The overall index score for consumer confidence decreased by two points to -21 in February, according to the latest GfK Consumer Confidence Barometer.
Four indexes measuring consumer confidence were down, while one was unchanged compared with last month.
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