UK consumer confidence rose in April, suggesting early signs of an economic recovery, according to data released on Friday.
The consumer confidence index released by market research firm GfK rose 6 points to -30 in April, following a 2-point rise in the previous month.
The forecast for general economic conditions rose 8 points to -13, and the forecast for personal finance rose 5 points to -21, with all indicators higher than in March.
Joe Staton, Director of Client Strategy at GfK, said:
“8 point jump in [the] Personal finances have changed dramatically, which could suggest that household finances are stronger than we thought. ”
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