(Reuters) – British customer self-confidence held at an nearly three-year high in August, strengthened by enhancing belief around individual financialresources and significant purchases, according to a study on Friday that included to favorable signals in the larger economy.
The GfK Consumer Confidence Index, Britain’s longest-running gauge of financial spirits amongst members of the public, was constant in August at -13, matching July’s 34-month high. A Reuters survey of economicexperts had pointed to a reading of -12.
The study follows primarily favorable information from business giventhat Prime Minister Keir Starmer’s Labour Party won a landslide election success last month. Business studies put the economy on course for strong development in the 2nd half of 2024.
The study’s step of interest for significant purchases increased to its greatest level giventhat January 2022, while the outlook for individual financialresources likewise notched greater.
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