Consumer confidence sinks as Brits ‘nervously await’ Budget Business Key future indicators of consumer confidence all sharply fell in September as Brits nervously awaited policy announcements in the Autumn Budget, according to fresh data. GfK’s long-running consumer confidence index fell sharply to -20 in September overall, with all measures – including personal finances, economy and purchase intentions – down month-on-month. “Headline consumer confidence has… [...]
Consumer confidence unchanged in August despite worsening outlook Economics Consumer confidence remained unchanged in August, a closely watched survey suggested, despite a deterioration in households’ expectations for the broader economy. GfK’s overall consumer confidence index remained at -13 with an improving picture on the personal finance side helping to offset worsening confidence in the economy as a whole. This meant overall consumer confidence remained [...]
Consumer confidence hit highest level in three years business Consumer confidence has risen to its highest level in three years in a tentative sign that the economy is leaving the cost-of-living crisis behind, new data from Deloitte shows. In its latest quarterly Consumer Tracker survey, Deloitte found that sentiment grew by 6.8 per cent year on year, boosted by a significant improvement in sentiment [...]
Retail sales smash expectations despite a drop in consumer confidence September 20, 2024 Retail sales in the UK blew past expectations in August, climbing to their highest level since July 2022, according to the Office for National Statistics (ONS). Sales were up one per cent compared to the previous month, beating analysts’ predictions of a 0.4 per cent rise. The increase builds on July’s return to growth, which [...]
Consumer confidence rises again in June as economic outlook improves June 21, 2024 Consumer confidence picked up again in June, a new survey shows, in a sign that the improving economic outlook is slowly feeding through into household budgets.
Rise in consumer confidence gives hope for summer spending boost May 24, 2024 UK consumer confidence rose by two points in May in a sign that Brits are becoming increasingly hopeful about their financial position ahead of the summer months.
‘Turbulent few months’ ahead for retailers as low consumer confidence lingers September 26, 2024 One of the UK’s largest retail bodies has warned that retailers could suffer in the next few months during the run-up to Christmas, due to a lack of consumer confidence in the economy. Confidence slumped in September, with an increasing number of Brits saying they expected the UK economy to get worse over the next [...]
UK consumer confidence hits highest level in two years January 26, 2024 UK consumer confidence rose in January and had its highest reading in over two years, as a surprise rise in inflation appeared to not rattle the public.
UK consumer confidence edges up after stagnant start to year April 26, 2024 UK consumer confidence improved by two points in April, after laying stagnant in March.
Consumer confidence: Brits cheer up in time for Black Friday November 24, 2023 Retailers are bracing for a Black Friday bonanza - boosted by news of consumer confidence finally turning a corner