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28-03-14, 04:49 #11
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UK Consumer Confidence Index Rises To -5
An index measuring consumer confidence in the United Kingdom came in at -5 in March, the latest survey from GfK revealed on Friday.
That beat expectations for -6 and is up from -7 in February. It also marks the highest score since August 2007.
The index is also 22 points higher than it was a year earlier.
"People are now on balance more positive than negative about their own financial prospects over the next year," said Nick Moon, managing director for GfK's social research division. "It is unlikely that anything announced in the recent budget will reverse this."
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