UK data – May consumer confidence -27 (expected -27, prior -30) | Forexlive

GFK survey of consumer sentiment in the UK. Up for the 4th month in a row.

• Highest in 15 months. The record low was -49 in September 2022.
• An improvement but still deeply pessimistic.
• “The overall trajectory this year is positive and might reflect a stronger underlying financial picture across the UK than many would think,” Joe Staton, GfK’s client strategy director said. “But everybody must hold on tight as it could still be a rocky ride out of these tough times.”