Friday , 22 November 2024
Home Forex UK data – GfK Consumer Confidence steady at -13 in August (expected -12, prior -13)
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UK data – GfK Consumer Confidence steady at -13 in August (expected -12, prior -13)

GfK Consumer Confidence still net pessimistic but holding at its highest since around three years ago.

Joe Staton, client strategy director at GfK:

  • “This more positive outlook may be due to a
    mortgage-friendly interest rate cut at the beginning of August,
    and hopes of more to come”

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

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