Retailer woe compounded by poor sales July 28, 2011 RETAIL sales collapsed in June and July according to a business survey released yesterday, while a separate poll this morning shows British consumer confidence sinking again, following brief respite in May. Before this year, lower morale on the high street had only been recorded twice in the history of the GfK NOP consumer confidence index [...]
Consumer morale drops in June June 30, 2011 Consumer confidence slipped in June as a boost from the royal wedding and a run of sunny May bank holidays gave way to harsher economic realities. The GfK/NOP consumer confidence index fell four points to -25 this month, giving back almost half of June’s near-record 10 point rise. All five categories in the index registered [...]
UK consumer confidence slumps again June 29, 2011 SQUEEZED household incomes prompted a sharp drop in consumer confidence in June, while appetite to take on debt remains weak according to separate data released by the Bank of England yesterday. After an uptick in morale from extra bank holidays in April and May, the GfK NOP consumer confidence index slipped back to -25, with [...]
German consumer sentiment rises June 28, 2011 Morale on the German high street is set to rebound in July, with the GfK consumer confidence index edging up from 5.6 to 5.7, reversing four months of declines. The turnaround is partly due to a 2.5 per cent drop in fuel prices in June, economists at ING said yesterday. However, German consumer price index [...]
High street morale surges May 26, 2011 MORALE on the British high street took a huge leap in May, recording the second sharpest rise of all time, the GfK NOP consumer confidence index revealed today. People reported a boost to their confidence over personal finances and the general economic outlook. The last time the headline index accelerated this fast was in May [...]
UK consumer morale dives again in April April 27, 2011 UK consumers remain sunk in gloom about both their personal finances and the economic outlook, a key barometer published today showed. The GfK NOP consumer confidence index fell in April, after holding steady in February and March, as fears over household finances and the affordability of major purchases increased. The fall, to -31 from -28 [...]
FTSE pushes up despite retail sector woes March 31, 2011 A raft of corporate results today has the potential to move the FTSE in either direction, but it is picking an upward path this morning. Mixed UK economic data has clouded the picture further. The GfK consumer confidence index has stalled at February’s low level on households’ concerns over their finances. Nationwide, however, said house [...]
UK consumer confidence stalls March 31, 2011 UK consumer confidence stalled in March at the same level as February, a closely-watched survey has shown. The GfK NOP Consumer Confidence Index remained static at -28 in March, as marginal increases in people’s perception of the UK’s economy this year and next were offset by falls in the public’s confidence in their own finances. [...]
UK consumer morale stuck in depression February 24, 2011 BRITAIN’S slump in consumer confidence has continued into February, according to a survey commissioned for the European Union, released today. The GfK NOP index rose by one point compared to January yet, at a score of -28, remains 14 points below where the index stood this time last year. “Overall confidence remains low and, although [...]
German consumer outlook rises February 22, 2011 German consumer confidence has risen for the ninth straight month, the widely regarded Gfk survey revealed yesterday. The forward-looking index rose from 5.8 this month to six points for March – its highest reading since October 2007, prior to the financial crisis. “While Germany’s recovery has been driven largely by exports and investment, consumer spending [...]