Article 6Y3VS UK consumer confidence up but fragile amid tariff and Middle East concerns

UK consumer confidence up but fragile amid tariff and Middle East concerns

by
Julia Kollewe
from Economics | The Guardian on (#6Y3VS)

Analysts say households are remaining cautious under dark shadow of inflation'

Confidence among UK consumers has improved but remains fragile in the face of expected petrol price rises amid escalating conflict in the Middle East, according to a leading index.

The latest snapshot from the data company GfK says sentiment improved by two points in June but remained in negative territory at -18, well below the -12 of a year ago. A reading above zero indicates optimism; below indicates pessimism.

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