Consumer confidence drops despite inflation easing

Consumer confidence dropped in February, the latest GfK consumer confidence index has revealed.
The market research company’s overall monthly index score, which was measured from 2 to 16 February, declined by three points to -19.
Its expectations for personal finances over the next year dipped four points to 2, putting it in line with the same time last year.
Forecasts for the general economic situation over the next year remained consistent at -31, which was the same as February 2025.
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