UK consumer mood improved in February - YouGov

Kitco Media
By Reuters
Published:
Updated:
Reuters
LONDON, March 15 (Reuters) - British consumers grew more confident in February, adding to signs of an improving economy, but households are still worried about the squeeze on their living standards, a survey published on Wednesday found. A YouGov and the Centre for Economics and Business Research (Cebr) survey showed consumer confidence rose 2.1 points last month, increasing from 98.3 to 100.4.


"The turnaround in consumer sentiment adds to the more positive economic picture that has emerged since the start of the year, partly driven by a much more benign outlook for energy prices," Kay Neufeld, head of forecasting at Cebr, said. But a gauge of short-term household finances only inched up, the survey showed.
(Reporting by Suban Abdulla Editing by William Schomberg)

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