UK consumer confidence hits three-month high but remains negative

Up two points to -22 in December

UK consumer confidence rose to a three-month high in December, with GfK’s overall index score showing a “modest improvement” with gains across all key measures.

The firm's Consumer Confidence Index was up two points to -22 in December, the highest number since September and significantly above this time last year, when the overall index stood at -42.  "Although the headline figure of -22 means the nation's confidence is still firmly in negative territory, optimism for our personal finances for the next 12 months shows a notable recovery from the depressed -29 reported this time last year," said Joe Staton, client strategy director at GfK.  UK inflation falls to 4.6% in October Staton noted the recovery in this number best reflects househol...