LONDON: A gauge of UK consumer confidence rose for the first time since January, but remained below zero as the upcoming referendum on EU membership weighed on sentiment.
It rose to minus-1 this month from minus-3 last month, GfK said yesterday. A measure of the economic outlook increased from the weakest reading in almost three years, rising to minus-13 from minus-14. The figures follow official data on Thursday that showed consumers stayed resilient in the first quarter, with household spending rising at the fastest pace in almost a year.
