The GfK consumer confidence survey hit -13 in July
- expected -12, prior -14
- highest since September 2021
- subindex measuring consumers' willingness to make major purchases jumped 7 points, an encouraging result
Joe Staton, GfK's client strategy director:
- "July's consumer confidence poll suggests a note of caution as people wait to see exactly how the UK's new government will affect the wider economy and their personal finances"
GBP/USD is little changed after its weak performance overnight (alongside others it should be said, the USD gained notably):
