Consumer confidence continues to recover despite living cost pressures – survey

GfK’s long-running Consumer Confidence Index rose by three points in May to minus 27, the fourth monthly increase in a row from January’s minus 45.

Consumer confidence in the year ahead is continuing to recover despite persistent cost-of-living pressures, a survey suggests (PA) (PA Wire)

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 jump to minus 8 – 17 points higher than this time last year.