UK GfK Consumer Confidence data for November comes in at -24, beating even worse estimates

<p>UK GfK Consumer Confidence data for November comes in at -24 </p><ul><li>expected was -28, prior -30</li><li>six-point increase was the biggest month-on-month
improvement since March to April</li></ul><p>Joe Staton, GfK's client strategy director:</p><ul><li>"Recent ups and downs in confidence have underlined the
nation's topsy-turvy economic mood as encouraging news about
falling inflation and wage growth is offset by high personal
taxation, alongside costly fuel and energy bills" </li></ul><p><br></p><p><br></p><p>Improving but still very net negative:</p><figure data-media-><img src="https://images.forexlive.com/images/uk%20consumer%20confidence%2024%20November%202023_id_a8059eca-3f24-4f21-ac5f-fd1b6bb7ea62_original.jpg" alt="uk consumer confidence 24 November 2023" width="719" height="344" wrapper-="wrapper-" data-src="https://images.forexlive.com/images/uk%20consumer%20confidence%2024%20November%202023_id_a8059eca-3f24-4f21-ac5f-fd1b6bb7ea62_original.jpg" /></figure><p><br></p>

This article was written by Eamonn Sheridan at www.forexlive.com.