UK consumer confidence surged in January

Source: Bloomberg
© Scanpix/AP
UK consumer sentiment index climbed 7-month record high in January, lifted by slowing inflation which boosted consumption. British consumer confidence gauge increased by 4 points and reached minus 29 which is the strongest figure since June 2011. The outlook for personal finances and nation's overall economy also improved. Experts previously predicted the index to be at minus 31.
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