UK consumer confidence inches down in August August 20, 2021 Consumer confidence among Brits edged down over the last month driven by concerns over the possible economic implications of future surges in Covid cases, according to fresh data published today. Research from GfK shows consumer confidence dropped one point over the last month to -8 points in August 2021. The marginal decline is likely to [...]
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. [...]
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 [...]
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
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 [...]
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 [...]
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 [...]
Consumer confidence low ahead of ‘inevitable’ post-furlough job losses August 21, 2020 Consumer confidence remained low throughout August ahead of “inevitable” redundancies when the government winds down the coronavirus job retention scheme. According to the latest research, consumer confidence was minus 27 this month, flat compared to July’s reading. However, the coronavirus pandemic has seen optimism plummet since August 2019, when consumer confidence stood at minus 14. [...]
SMMT: New UK car sales rise 11 per cent post-lockdown August 5, 2020 New UK car sales rose for the first time this year in July as dealerships enjoyed their first full month of trading since reopening after lockdown. According to new figures from the Society of Motor Manufacturers and Traders (SMMT), registrations rose 11.3 per cent last month as pent-up demand and special offers tempted consumers to [...]