Brits ‘less afraid of Brexit’ as consumer confidence bounces back

British consumers’ propensity to make major purchases rose nine points in August to +7, according to GfK’s latest consumer confidence index. Although this is 10 points lower than in August 2015, it represents a major improvement on July’s score of -2.
The core consumer confidence index also increased by five points to hit -7 as positive growth was recorded across all the major measures.
Joe Staton, head of market dynamics at GfK, says the figures are a “stark contrast&rdq