British consumer confidence rises to its highest level in two years
2026-08-21 07:15:41
According to CoinMeta, the UK's consumer confidence index in August GfK was -14, marking the highest level since August 2024. The continuous sunny weather has helped to gradually boost consumers' mood. Neil Bellamy, the head of GfK Consumer Insights, stated that the good weather, along with the "Bernham Effect" brought about by the new prime minister's appointment, continues to have a positive impact on consumer confidence. In July, consumer confidence had already risen by 6 points. However, he added that challenges still lie ahead, as inflation rises again and uncertainties in the Middle East and other regions will test the resilience of British consumers in the future.
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Source:Jin10 Data
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