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UK consumer confidence rises to highest level in a year – Gfk

British consumer sentiment rose in May improved to -7 in May – the highest level since May 2017, beating the estimate of -8 and up from the previous month’s print of -9.

The uptick was driven by increases in all but one of the headline index’s contributing components, with weaker appetites for major purchases the only blemish on the month, according to MNI.

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