Looking forward, we estimate Consumer Confidence in the United Kingdom to stand at -16.00 in 12 months time. Consumer Confidence in the United Kingdom is expected to be -32.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Business News. Consumers in the UK are emerging from the last three months in a slightly more positive mood, a closely-watched industry gauge showed today, with plans to start spending again. * Copyright © 2020 Insider Inc. and finanzen.net GmbH However, economic headwinds could easily blow any recovery off-course with confidence remaining fragile and volatile amid few signs of stability,” said Joe Staton, GfK‘s Client Strategy Director. (Sharecast News) - UK consumer confidence was steady in July as lockdown measures were eased, according to a survey released on Friday by market research group GfK. "With unemployment claims rising by the highest rate on record and warnings of a severe recession and possible tax hikes, the damage done by the coronavirus pandemic to the U.K. economic landscape has been laid bare," Mr. Staton said.Among the five subindexes that form the barometer, two of them increased, two others decreased and one remained unchanged, GfK data showed.Britons' assessment of their personal finances over the coming year were slightly higher, as was the major purchase index. Consumer Confidence in the United Kingdom declined to -36 points in May 2020 from a preliminary estimate of -34 and from -33 in the previous month, final data showed.
By using this site you agree to the Planned and actual spending on both non-essentials (beauty, clothing and footwear), as well as big ticket items (furniture and large electronics), is increasing – an encouraging sign of improving consumer confidence. By Michele Maatouk. That could explain the one bright spark on the horizon -- the three-point uptick in consumer expectations for the financial position of their households in the next 12 months,” said Joe Staton, GfK‘s Client Strategy Director.The United Kingdom’s Gfk Consumer Confidence improved 3 points over the past two weeks to -27, as consumers appear to be slightly more confident as lockdown loosens across parts of the UK.
"Many people have been savvy and saved money during lockdown, as the most recent GDP figures show. Both indicators remain well below their long-term averages of -11.1 (Euro Area) and -10.5 (EU).
The monthly survey we carry out for the European Commission among UK consumers started the year in a resiliently bullish …
Registration on or use of this site constitutes acceptance of our (RTTNews) - UK consumer sentiment improved at the end of June, according to the flash survey conducted by the market research group GfK.The consumer sentiment index rose three points to -27 over the last two weeks of June. In the United Kingdom, the consumer confidence survey measures the level of optimism that consumers have about the performance of the economy in the next 12 months. Reference
In April, only 13% of UK consumers said they were planning on spending more on big ticket items in the future. UK consumers emerge from Q2 in a cautious but slightly more positive mood, following a record decline in consumer confidence in the first quarter of the year, according to the latest Deloitte Consumer Tracker. The major purchase index advanced notably by seven points as more shoppers hit the high streets. (RTTNews) - UK consumer sentiment improved at the end of June, according to the flash survey conducted by the market research group GfK. Consumer confidence in the UK edged up fractionally at the end of April after it previously hit its lowest level in over a decade amid the coronavirus pandemic, new data has shown. The component of personal financial situation over the next 12 months climbed 4 points to stand at 0, while the personal financial situation over the previous 12 months increased 5 points to -4. Bank of England says fear of rising redundancies and concerns over shopping health risks are limiting spending Fears of rising redundancies and concerns about the health risks of high street shopping have hit consumer confidence, according to a closely watched survey that flatlined last month.The GfK barometer for July showed confidence petering out, despite rising in May and June. Download historical data for 20 million indicators using your browser.Direct access to our calendar releases and historical data. UK consumers emerge from Q2 in a cautious but slightly more positive mood, following a record decline in consumer confidence in the first quarter of the year, according to the latest Deloitte Consumer Tracker.
Christopher Dembik. TEForecast
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