UK GfK Consumer Confidence data for November comes in at -24, beating even worse estimates

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UK GfK Consumer Confidence data for November comes in at -24, beating even worse estimates

UK GfK Consumer Confidence data for November comes in at -24

• expected was -28, prior -30
• six-point increase was the biggest month-on-month
  improvement since March to April

Joe Staton, GfK's client strategy director:

• "Recent ups and downs in confidence have underlined the
  nation's topsy-turvy economic mood as encouraging news about
  falling inflation and wage growth is offset by high personal
  taxation, alongside costly fuel and energy bills"

Improving but still very net negative:

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

Source: UK GfK Consumer Confidence data for November comes in at -24, beating even worse estimates

forexlive.com