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Consumers felt more ready to invest in big-ticket in April
Consumer readiness to splash out on high-value goods improved in April despite weakening in other areas, according to a closely-followed survey.

 

GfK's consumer confidence index slipped two points to a score of -9, meaning the overall index has now been negative for 28 straight months.


However, of the measures that make up the total score, the one asking consumers if now is the right time to buy major purchases — such as furniture — improved month-on-month.


The major purchases index increased one point to +3 from March to April. It remained four points lower than in April 2017.

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