Consumer confidence up two points in May

Figures from GfK’s long running Consumer Confidence Index show that the index rose by two points in the month to -7.

Joe Staton, client strategy director at GfK, said: “UK consumers are feeling more upbeat this month with a two-point rise in the overall index score. The scores for personal finances (both for the past year and next year) are positive. However, consumers remain resolutely downbeat about the general state of the economy. These negative economic scores are depressing the overall index and preventing it…