UK consumer confidence this month moved into positive territory for the first time in more than nine-years, new figures have shown.

The GfK UK Consumer Confidence Index increased by one point to 1. Four of the five measures used to calculate the Index Score saw increases in June, while one measure reported a fall.

Nick Moon, managing director of social research at GfK, described the change as "unspectacular" but nonetheless "a psychologically important one" as the Index has moved into positive territory for the first time since March 2005. 

"The next few months will be particularly interesting, since the previous venture into positive territory was merely transitory - two isolated months in January and March 2005," he said. 

"The last time the Index was consistently positive was back in 2002 and this must be the next "target" from the government's point of view as we get close to the election period."