FOREX TradingCharts.com

Financial News: UK Consumer Confidence Rises For Second Month: GfK

UK Consumer Confidence Rises For Second Month: GfK

01/30/2020 - 22:37:00 (RTTNews)

(RTTNews) - UK consumer confidence strengthened for the second straight month driven by Boris-bounce in January, survey results from the market research group GfK showed Friday.

The consumer confidence index increased two points to -9 in January. The score came in line with expectations.

Joe Staton, client strategy director at GfK, said "If current trends continue, we'd expect a return to positive headline scores soon."

Although the indicator failed to penetrate positive territory, two consecutive months of improvement is good news, Staton noted.

The index measuring past changes in personal finances advanced four points to +1. Likewise, the forecast for personal finances over the next 12 months gained three points to +6.

The measure for the general economic situation over the last year increased three points to -28. Similarly, expectations for the general economic situation climbed three points to -24 in January.

However, the major purchase index dropped two points to +1. The decline reflected January's seasonal post-Christmas empty-wallet feeling, and further impacting the longer-term contraction and sluggishness experienced across the retail sector.

Meanwhile, the savings index gained two points to +20.

The Consumer Confidence Barometer is conducted by GfK in partnership with the European Commission.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Norway Trade Surplus Decreases In January (01 hr(s), 49 min(s), 27 sec(s) ago)
(RTTNews) - Norway's trade surplus decreased in January amid a fall in exports and imports, da ...Full Story»

Singapore Trims Growth Outlook On China Coronavirus Outbreak (02 hr(s), 18 min(s), 27 sec(s) ago)
(RTTNews) - Singapore's economic growth rose more than initially estimated in the fourth quart ...Full Story»

Singapore Exports Fall In January (03 hr(s), 45 min(s), 27 sec(s) ago)
(RTTNews) - Singapore's non-oil domestic exports decreased at a less-than-expected rate in Jan ...Full Story»

Japan Industrial Production Rises In December (03 hr(s), 47 min(s), 27 sec(s) ago)
(RTTNews) - Japan industrial production rose at a softer pace in December, than in the initial est ...Full Story»

Japan GDP Falls 6.3% On Year In Q4 (12 min(s), 33 sec(s) ago)
(RTTNews) - Japan's gross domestic product was down an annualized 6.3 percent in the fourth qu ...Full Story»

Japan GDP Sinks 6.3% On Year In Q4 (42 min(s), 33 sec(s) ago)
(RTTNews) - Japan's gross domestic product contracted by an annualized 6.3 percent in the four ...Full Story»

New Zealand Service Sector Spikes In January - BusinessNZ (12 min(s), 33 sec(s) ago)
(RTTNews) - The services sector in New Zealand continued to expand in January, and at a sharply hi ...Full Story»

Japan GDP Data On Tap For Monday (57 min(s), 33 sec(s) ago)
(RTTNews) - Japan will on Monday release preliminary Q4 numbers for gross domestic product, highli ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Norway Trade Surplus Decreases In January

02/17/2020 - 02:43 AM (RTTNews)
(RTTNews) - Norway's trade surplus decreased in January amid a fall in exports and imports, da ...Full Story>>

Singapore Trims Growth Outlook On China Coronavirus Outbreak

02/17/2020 - 02:14 AM (RTTNews)
(RTTNews) - Singapore's economic growth rose more than initially estimated in the fourth quart ...Full Story>>

Singapore Exports Fall In January

02/17/2020 - 00:47 AM (RTTNews)
(RTTNews) - Singapore's non-oil domestic exports decreased at a less-than-expected rate in Jan ...Full Story>>

Japan Industrial Production Rises In December

02/17/2020 - 00:45 AM (RTTNews)
(RTTNews) - Japan industrial production rose at a softer pace in December, than in the initial est ...Full Story>>

Japan GDP Falls 6.3% On Year In Q4

02/16/2020 - 19:45 PM (RTTNews)
(RTTNews) - Japan's gross domestic product was down an annualized 6.3 percent in the fourth qu ...Full Story>>
Copyright © 2020. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.