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The UK GfK Consumer Confidence Index edged up to -16 in January 2026 from -17 in December, pointing to household resilience rather than renewed optimism, as the broader economic outlook remains subdued. The latest reading also marked 10 years since the index last stood in positive territory. Confidence in personal finances over the next 12 months rose four points to +6, eight points higher than a year earlier. By contrast, expectations for the general economic situation over the coming year slipped two points to -31, though this remains three points above last January’s level. The Major Purchase Index, which gauges sentiment toward big ticket spending, improved by one point to -10, standing 10 points higher than a year ago. Commenting on the data, GfK Consumer Insights Director Neil Bellamy noted that despite the one point improvement in headline confidence, consumers remain far from feeling that an economic turnaround is imminent.