UK Consumer Confidence Climbs to Highest in Almost Two Years
GfK said its consumer sentiment index increased 4 points to minus 21 in September.
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UK consumer confidence rose to its highest level in almost two years as wage growth started to outstrip inflation, easing a cost-of-living crunch on household finances.
GfK Ltd. said its index of consumer sentiment increased 4 points to minus 21 in September. That was the strongest level since January 2022 just before the Russian invasion of Ukraine sent energy bills soaring. Economists had expected a small drop in confidence.