Consumer confidence on the rise but concerns about the economy linger

Consumer confidence saw a “surprise” three-point increase in March as positive news about wage increases, inflation decreases and the Brexit agreement in principle, as well as the prospect of lighter evenings and the advent of spring, boosted morale.
According to GfK’s Consumer Confidence Index, all five measures of consumer confidence increased in March compared to February. For example, consumers’ propensity to make a purchase increased by two points to a score of two,