Consumers feel more confident, says GfK
www.moneynews.co.uk > General finance > Consumers feel more confident, says GfK
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Money News |
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Consumers feel more confident, says GfK
Tue 9th Mar 2010
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Mr Moon suggested that personal confidence during the economic downturn had become so exasperated there was only one trend for expectations to follow.
He said: "There is no doubt that consumer confidence has been increasing for the whole of 2009. It was increasing because it got into such a terrible position it couldn't do anything except increase."
GfK research found that a person's confidence in their own financial situation in the next 12 months has increased in the last year, while the 'major purchase index' remained at the same level.
However, a Nationwide survey found that consumer confidence declined during February by 39 per cent.
Click here for more general finance news
Related News : General finance |
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Related News : Nationwide |
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