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The rise in August's Gfk Consumer...........>

UK DATA
UK DATA: The rise in August's Gfk Consumer Confidence Index was driven by four
of the five components, with only the 'general economic situation over the next
12 months' measure remaining unchanged, at -26. The 'Major Purchase' Index rose
by eight points to +6, its first positive reading since May. Perceptions of
households' personal finances over the last twelve months were up three points
to +4, whilst the sub-index measuring confidence regarding personal finances
over the next 12 months gained one point to +8. This likely reflects the rise in
earnings over the last 12 months, which appears to be continuing steadily.
- For full piece see MNI Main Wire 00:01 BST 08/31 or contact us for full
access.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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