Confidence inches up in April as consumers remain cautious about future

high street

The rise in consumer confidence levels slowed in April as new Covid-19 variants and economic worries dampened the reopening of stores and hospitality.

Consumer confidence increased by just one point overall to -15 in April compared with March, showing marginal signs of improvement as restrictions ease.

This was nineteen points above consumer confidence levels at the height of lockdown in April last year, which stood at -34, according to the GfK Consumer Confidence Barometer.

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