UK consumer confidence inches up but customers still under pressure

Feet of crowd of shoppers in shopping mall

UK consumer confidence inched up four points in September as inflation slowed, but customers continue to face financial pressure. 

The overall index score for consumer confidence saw a four-point increase to -21 in September, according to the latest GfK Consumer Confidence Index.

All five indexes measuring consumer confidence were up compared with last month “against a backdrop of falling inflation figures, growth in wages and higher interest rates”.

 

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