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Uk Consumers Confidence Jumps In Sunny May

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The GfK NOP Consumer Confidence Index rose by 10 points during the month to stand at minus 21, the sharpest increase since May 1993 and only the second biggest since the survey began in 1974. It lifted the index to its highest level since December.

The group said the "almost unprecedented jump" could be due to the feel-good factor following the Royal Wedding and extended bank holiday weekends in April, as well as the recent let-up in negative reports about the economy.

Interest rate rise in August here we come?

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May has actually not been as sunny and warm as April (splendid Easter). This article suggests a carry-over effect so the headline should read "sunny April". It would be interesting to know how much these indices actually are influenced by the weather.

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All those bank holidays and the wedding will have boosted consumer feeling.

Expect a big bump back to earth when people have to work to be paid rather than being paid for days off

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  • 312 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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