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MNI INTERVIEW: Mixed Messages In Feb From UK Consumer - GfK

(MNI) LONDON
(MNI) London

Higher real incomes a help for UK consumers, but headwinds still hold back a quicker recovery in sentiment.

There are still headwinds holding back the UK consumer but the outlook for personal finances over the coming year remains a relative positive, the head of a leading consumer sentiment survey told MNI.

"Higher real disposable incomes as inflation slows is certainly helping the consumer feel a little better about their own financial outlook, but the latest survey offers both good and bad news in February," Joe Staton, Client Strategy Director GfK, said in an interview. (see MNI INTERVIEW: Bright Spots In UK Growth Outlook-ONS's Fitzner)

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There are still headwinds holding back the UK consumer but the outlook for personal finances over the coming year remains a relative positive, the head of a leading consumer sentiment survey told MNI.

"Higher real disposable incomes as inflation slows is certainly helping the consumer feel a little better about their own financial outlook, but the latest survey offers both good and bad news in February," Joe Staton, Client Strategy Director GfK, said in an interview. (see MNI INTERVIEW: Bright Spots In UK Growth Outlook-ONS's Fitzner)

Keep reading...Show less