Consumer confidence holds steady before General Election as consumers ‘shrug off’ uncertainty
Consumer confidence returned to growth in May, with the latest figures from GfK showing the overall confidence score at -5, a two-point rise from April.
In fact, four of the five confidence measures were up in May, which compared to four of the five being in slight decline in April.
Consumers’ perceptions of their own personal finances over the last 12 months as well as over the next 12 months rose by one and two points respectively.
The major purchase index, meanwhile, rose by two points
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