Economy

Consumer confidence jumps six points in May

Due to the easing of lockdown restrictions and vaccine rollout, the UK’s retail sector has received a much-needed boost

Consumer confidence in the UK has increased by six points to -9 in May 2021, according to GfK’s Consumer Confidence Index.

The market research company primarily attributed this to the easing of lockdown restrictions and vaccine rollout, which it believes gave the country’s retail sector a much-needed boost.

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