Consumer confidence lifts in May but outlook remains gloomy

Shoppers still worried about impact on food and fuel prices despite Middle east ceasefire

Source: Vasile Jechiu / Getty

The Iran war ceasefire helped raise shopper spirits, but concerns over rising food and fuel prices continue to weigh on shopper’s minds, warned the BRC

Consumer confidence in the state of the economy and their ability to spend lifted after the pause in the Iran war, however economic uncertainty is still weighing on shoppers’ minds, according to a well-followed sentiment tracker.

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