UK GfK Consumer Confidence data for November comes in at -24

  • expected was -28, prior -30
  • six-point increase was the biggest month-on-month improvement since March to April

Joe Staton, GfK's client strategy director:

  • "Recent ups and downs in confidence have underlined the nation's topsy-turvy economic mood as encouraging news about falling inflation and wage growth is offset by high personal taxation, alongside costly fuel and energy bills"

Improving but still very net negative:

uk consumer confidence 24 November 2023