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Forex news -forex broker review => Forex => Topic started by: forex4you on Dec 13, 2024, 05:59 am

Title: UK consumer confidence touches 4-month high (not a great result though) at minus 17
Post by: forex4you on Dec 13, 2024, 05:59 am
UK consumer confidence touches 4-month high (not a great result though) at minus 17

UK consumer confidence touches 4-month high in December, GfK survey.

Comes in at -17, highest reading since August

  • prior -18
  • expected -18

GfK comments:

  • consumers still uncertain about making big-ticket purchases
  • consumers' relatively weak confidence about the
    overall economy compared to their own finances
  • "We will need to see robust improvements in these
    perceptions of the economy before we can start talking about
    sustained improvements in the consumer mood," 

More:

  • separate YouGov/Cebr survey published on Wednesday showed
    consumer confidencece ticked higher this month


                This article was written by Eamonn Sheridan at www.forexlive.com.

Source: UK consumer confidence touches 4-month high (not a great result though) at minus 17 (https://www.forexlive.com/news/uk-consumer-confidence-touches-4-month-high-not-a-great-result-though-at-minus-17-20241213/)

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