A stronger jobs market, rising real incomes, low interest rates and low levels of headline inflation helped UK consumers feel a little bit more upbeat about the UK economy in May, according to GfK’s Consumer Confidence Index, with confidence rising two points to -7.

However, the figures reveal an odd mismatch of positive scores for personal finance contrasting with very negative scores for how Brits see the wider economy – which have not entered positive territory for almost two and a half years.

Joe Staton, client strategy director at GfK, tells Marketing Week May’s figures offer no clues to which way consumers…