UK Gfk Consumer Confidence rose to -27 in July’s flash reading, up from June’s -30. General Economic Situation over the next 12 months also improved to -42, up from -48.
“After the recent near-historic low of -36 for the Consumer Confidence Barometer last month, we’re seeing some early signs of improvement across most measures for our fourth COVID-19 flash, even though all our core scores remain negative… Economic headwinds could easily blow any recovery off-course with confidence remaining fragile and volatile amid few signs of stability.”.
