Mumbai, May 22 -- The UK's GfK Group Consumer Confidence Index edged higher to -23 in May 2026 from -25 in April, though households remained under pressure from elevated living costs and interest rate uncertainty. The savings measure plunged by 10 points, while the gauge for major purchase intentions slipped to -20, its weakest level since January 2025, signaling continued caution among consumers.

Published by HT Digital Content Services with permission from Capital Market....