UK GfK consumer confidence rose from -17 to -14 in November, better than expectation of -16. Expectation of personal financial situation over the next 12 months rose 1pt to 2. Expectation of general economic situation over the next 12 months rose 3 pts to -23.
Joe Staton, Client Strategy Director GfK, comments:”Headline consumer sentiment has ticked upwards this month despite decade-high inflation, fears of higher prices and worries over rising interest rates, and as the deepening cost-of-living squeeze leaves UK household finances worse off this winter.
