U.K. GfK Consumer Confidence Rebounds From Post-Brexit Low
- Separate Lloyds index shows business sentiment weakened
- British consumers being squeezed as wage growth lags prices
Shoppers carry multiple branded shopping bags on Regent Street in London.
Photographer: Luke MacGregor/BloombergThis article is for subscribers only.
U.K. consumer confidence staged a slight rebound from its lowest level since just after the Brexit vote.
GfK’s household-sentiment index picked up two points to minus 10 this month, reversing July’s decline, as consumers’ attitudes to the economy improved across the board.