The GfK Consumer Confidence indicator for the United Kingdom is expected to fall slightly to -32 on Friday. This comes after figures hit their highest level in over a year, -30, in April. The previous data release revealed that Britons were taking a more positive view of their finances, as well as the health of the wider economy.

However, April’s figure remained well below zero, indicating low confidence overall — largely due to the impact of the ongoing cost-of living-crisis on UK consumers.

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