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UK Consumer Confidence Climbs to Highest in Almost Two Years

From bnnbloomberg.ca

UK consumer confidence rose to its highest level in almost two years as wage growth started to outstrip inflation, easing a cost-of-living crunch on household finances. GfK Ltd. said its index of consumer sentiment increased 4 points to minus 21 in September. That was the strongest level since January 2022 just before the Russian invasion of Ukraine sent energy bills soaring. Economists had expected a small drop in confidence. The closely-watched survey found that British consumers are becoming more optimistic about the economic outlook and their personal finances as the next general election comes into view. Britons ... (full story)

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