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.