UK data - Gfk Consumer Confidence (April): -7 (vs. expected -7)

UK data - Gfk Consumer Confidence in April, -7

• expected -7
• prior -6

That is a 4 month low for this indicator

Via Reuters:

• Consumer confidence remained robust by historical standards
• Policymakers are watching to see how a recent rise in inflation is affecting household spending, the main driver of the economy
• "For the moment, consumer sentiment remains relatively buoyant as we enter our two-year window of renegotiation and navigate the run-up to the general election" Joe Staton, head of market dynamics at GfK, said

Lloyds also release data for their Business Barometer at the same time

For April, comes in at 47 (17 month high)

• prior 35

Graph from Bloomberg, LLoyds Business Barometer at a 17 month high.