UK consumer confidence jumps on stronger than expected economic rebound July 23, 2021 UK consumer confidence rose for the sixth month in a row in July driven by the economy recovering much faster than initially expected. GfK’s latest consumer confidence index edged up two points to minus seven this month, marking the strong improvement in households’ outlook since the initial Covid unlocking in April of this year. The [...]
Consumer confidence resilient in June despite freedom day delay June 25, 2021 Consumer confidence remained resilient despite a delay to a lifting of the remaining lockdown restrictions in the UK, a closely watched survey has revealed. Data from GfK shows overall consumer confidence remained unchanged over the last month at minus nine in June 2021. But, this is up significantly from minus 30 in June last year. [...]
Bank of England’s Mann warns of ’embedded’ inflation risk if demand picks up February 8, 2024 "Real household incomes continue to rise as inflation falls, consumer confidence has improved, indicators of services activity have come in strong, and forward-looking measures of output and employment paint a positive picture," Mann said.
Consumer confidence stalls amid fears of new variants and the cost of coronavirus April 23, 2021 Consumer confidence stalled in April, as consumers took a more guarded view of the future amid new Covid variants emerging. The closely-watched consumer confidence index from researcher GfK jumped just one point in April to minus 15, a significantly more subdued movement than March’s seven-point leap. Coronavirus restrictions are slowly easing in the UK, with [...]
Consumer confidence jumps on back of vaccine news December 18, 2020 An influential survey into consumer confidence saw a significant spike on the back of positive Covid-19 vaccine news, but there remains some way to go before confidence returns to the wider economy. The Gfk Consumer Confidence tracker saw a 7-point jump in its overall index, to -26 in December from -33 the month previously, still [...]
Roadmap out of lockdown sends consumer confidence to near 12-month high March 19, 2021 Roadmap out of lockdown sends consumer confidence to near 12-month high
FTSE 100 today: London markets poised for quiet start as traders take break before Easter March 28, 2024 Asian shares stay calm despite the S&P 500 hitting a new high. The US dollar holds firm post comments from the Federal Reserve's Waller. Attention turns to possible yen intervention by Japan, while gold prices decline. Investors await updates on US consumer confidence and UK Q4 GDP.
Vaccine hopes fail to inject consumer confidence during lockdown January 21, 2021 The nation’s largest ever vaccination programme failed to buoy UK consumer confidence during the latest national lockdown, a new survey has shown, as widespread gloom about current Covid restrictions prevailed into the New Year. The closely-watched consumer confidence index from researcher GfK fell two points to minus 28 in January after a slight uptick over [...]
Little ‘Christmas cheer’ as UK consumer confidence falls November 20, 2020 New coronavirus restrictions and rising cases knocked UK consumer confidence in November, a survey has shown, as people became more gloomy about their future economic health. The closely watched consumer confidence index from researcher GfK fell two points to minus 33 in November, its lowest reading since June. Britain’s economy has been hit particularly hard [...]
German consumer confidence slumps amid second wave of coronavirus November 26, 2020 German consumer confidence halved in November, as the economy felt the weight of a second nationwide lockdown. Chancellor Angela Merkel last night announced that “lockdown-lite” measures will extend until 20 December, after the country yesterday recorded its highest daily death rate, which rose by 410 in 24 hours. GfK, Germany’s largest market research institute, found [...]