GfK’s UK Consumer Confidence Barometer has been running since 1974 and is the leading indicator of shopper sentiment in the UK. The monthly survey is conducted among a representative sample of around 2,000 UK consumers aged 16 and above. GfK questions consumers about their personal economic situation, the general economic situation of the UK, and whether or not they feel the timing is right to make major purchases or save their money. Consumer confidence has been tested over the past few years following Britain’s exit from the EU and the coronavirus crisis.
Consumer confidence remained flat in August but expectations for the UK economy slipped for the first time since February, according to the latest GfK Consumer Confidence Barometer.
Advertisement
UK consumer confidence inched up one point in July showing a “subdued” improvement after a three-point rise in June, according to the latest GfK consumer confidence figures
The latest GfK consumer confidence figures are out and show that shoppers are beginning to feel more optimistic about their economic situations
Consumer confidence inched up by two points in May in a similar rise as April driven by “the latest drop in headline inflation and the prospect of interest rate cuts in due course”.
Consumer confidence inched up by two points in April after remaining flat in March, reflecting the effects of anticipated tax cuts and lower inflation compared with the same time last year.
Consumer confidence remained flat in March after a two-point decrease in February but views on personal finance improved despite the ongoing challenges faced by consumers.
Consumer confidence took a dip in February as the UK entered recession, but the outlook for the next 12 months remains sturdy as consumers continue to spend despite the cost-of-living crisis.
UK consumer confidence rises to “best headline score in two years” as optimism strengthens with inflation predicted to fall in the next 12 months.
UK consumer confidence had a “modest improvement” as it rose two points in December but remained “firmly in negative territory” as the cost-of-living crisis continues.
UK consumer confidence rose by six points in November, despite “ongoing cost of living concerns” impacting many customers.
UK consumer confidence took a fall of nine points in October as the cost-of-living crisis continues to exert “acute pressure for many customers” ahead of the festive season.
UK consumer confidence inched up four points in September as inflation slowed, but customers continue to face financial pressure.
UK consumer confidence regained momentum in August showing signs of “renewed optimism” after it had a dramatic six-point fall in July.
UK consumer confidence took a dramatic six-point dip after showing steady signs of recovery over the past six months as resilience starts to collapse and reality bites.
UK consumer confidence increased for the fifth month in a row despite “fierce economic headwinds of the cost-of-living crisis” and “double-digit grocery price increases”.
UK consumer confidence increased for the fourth month in a row since January as May saw an “encouraging three-point uptick” though it could still be a “rocky ride out of these tough times”.
The GfK Consumer Confidence Index increased six points to -30 in April compared with last month – a 20-point recovery since January this year.
UK consumer confidence has jumped by two points in the month of March, though the outlook remains gloomy.
The GfK consumer confidence index increased by seven points to -38 in February in a surprise rebound after languishing at historic lows.
UK consumer confidence dropped again in January and showed little signs of improvement as it reached near-historic lows.
UK consumer confidence inched up two points in December but remains at record low levels as retailers warned of a tough road ahead.
