As people feel more positive about their personal finances, UK consumer confidence has edged up in December.
GfK’s long-running Consumer Confidence Index has increased by one point to 2 in December which marks the first time the index has shown positive scores for an entire calendar year.
Joe Staton, head of market dynamics at GfK, said: “Consumer confidence has remained strong for all of 2015 with an average at +3 for the past 12-months. This is the first time since the Consumer Confidence Barometer started in 1974 that the index has remained positive for an entire calendar year.
“The last time we were able to report a similar long run of strong news was back in 2002, although the year ended on that occasion with an index score of -4 after 11 consecutive positive monthly totals.”
