UK consumer morale improves in Jan but still weak-GfK

Newswire

LONDON, Jan 31 (Reuters) - British consumer morale unexepectedly improved in January, even though this month's surprise interest rate hike left people feeling slightly worse off, a survey showed on Wednesday. Research company GfK NOP's monthly consumer confidence index improved to -7 in January, above forecasts for a deterioration to -9 and better than December's -8 reading. "Despite a modest increase in the index, the underlying trend is still not one of optimism," said Carol ...

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