The British Retail Consortium’s latest BRC-Opinium Consumer Confidence Tracker paints a stark picture for the retail sector heading into 2025. While consumer sentiment around personal financial situations held steady at -3 in December, broader economic pessimism deepened significantly, with expectations about the state of the economy plunging to...
24 Dec 2024
Consumer confidence in March has remained steady despite a more optimistic outlook on personal finances. The GfK Consumer Confidence Index has stayed at -21, with a slight increase in expectations for the general economic situation over the next year and a notable rise in forecasts for personal finances, reported the Retail Bulletin. While...
22 Mar 2024
The long-observed Consumer Confidence Index by GfK has notched a five-point uptick, ascending to -25 in August. Key data from personal financial situations and general economic situations show growth compared to the prior month's assessment, noting a quiet optimism amongst consumers. Joe Staton, Client Strategy Director at GfK, said: "In the...
25 Aug 2023
Despite a surge in Covid-19 cases and increased social distancing measures imposed by the UK government, consumer confidence is up in September. New figures from the longstanding GfK Consumer Confidence Index, which has been tracking data since 1974, show an increase of two points. Joe Staton, client strategy director at GfK, said: “Despite...
25 Sept 2020
Consumer confidence received a boost as optimism for the economy over the coming year increased. According to the GFK Consumer Confidence Index, UK consumer confidence increased by three points to -11 for December, the biggest increase since 2016. Joe Staton, Client Strategy Director at GFK, said: “There’s a clear sense of a change in consumer...
23 Dec 2019
UK consumer confidence in October fell to its joint-lowest point in six years amid continued Brexit uncertainty and ahead of the 12 December general election. GfK’s Consumer Confidence Index decreased two points to -14 in October compared to -12 in September. Joe Staton, client strategy director at GfK, said in a statement: “In the face of...
31 Oct 2019
French consumer confidence increased again in February, reaching its highest level (95 points) since November, when the “yellow vests” protests started in the country, causing over 1 billion euros in losses as many retailers were forced to close doors. That’s according to a new report by France’s National Statistics and Economic Studies Office...
27 Feb 2019
Irish consumer sentiment in January has edged up thanks to post-Christmas sales and positive job news, according to the KBC Bank/ESRI consumer Sentiment Index. Despite a backdrop of Brexit uncertainty, the index increased to 98.8 in January from 96.5 in December - the second monthly increase in the last three months, but still well below last...
7 Feb 2019
