Consumer confidence jitters ease after ‘Boris bounce’

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Consumer confidence is heading towards positive territory following four years of negative scores.

The consumer confidence index increased by two points to -9 during January, according to the latest data from GfK.

The index measuring consumers’ personal financial situation during the last 12 months increased by four points in January to +1. This was one point higher compared to January 2019.

The measure for the general economic situation in the UK over the last 12 months increased three points this month to -2 – seven points higher than in January 2019.

 

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