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UK Consumer Confidence Hits -25 as Energy Costs Surge

4/24/2026

45 7 Full Breakdown

Summary

Story summary

UK consumer confidence fell to -25 in April, lowest since October 2023.
GfK said drop reflects consumer jitters over soaring fuel and energy costs.
S&P Global’s PMI rose to 52 in April from 50.3 in March, marking the biggest cost jump since 1996.
Over a quarter of ONS-surveyed firms expect to raise prices next month, the highest share since January 2023, and cite energy costs as the main driver.

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Story summary

UK consumer confidence fell to -25 in April, lowest since October 2023.
GfK said drop reflects consumer jitters over soaring fuel and energy costs.
S&P Global’s PMI rose to 52 in April from 50.3 in March, marking the biggest cost jump since 1996.
Over a quarter of ONS-surveyed firms expect to raise prices next month, the highest share since January 2023, and cite energy costs as the main driver.