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Consumer confidence rises in February but cost-of-living crisis 'far from over'

Summary by City AM

Brits’ confidence rose in February, fueled by better personal finances and a brighter outlook on the general economy. However, confidence remained down on last year. GfK’s index measuring changes in personal finances during the last year rose three points to -7, seven points better than February 2024. The major purchase Index rose three points to -17; eight points better than February 2024, while expectations for the general economic situation o…

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business-live.co.uk

Brits' consumer confidence rises but cost-of-living crisis 'far from over'

Consumer confidence has risen, driven by improved personal finances and a more positive outlook on the general economy, but remains lower than 12 months ago

2 days ago·London, United Kingdom

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City AM

Consumer confidence rises in February but cost-of-living crisis 'far from over'

2 days ago·London, United Kingdom

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kamcity.com

Concerns About Higher Prices, Taxes, And Energy Costs Hit Consumer Confidence

Consumer confidence in the UK took another beating in February on fears around the impact of higher employer national insurance on businesses and the prospect of another hike in energy prices. The British Retail Consortium (BRC) analysis shows that consumer (more…) The post Concerns About Higher Prices, Taxes, And Energy Costs Hit Consumer Confidence appeared first on KamCity.

3 days ago

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Talking Retail

Consumer confidence almost 40pts lower than in July, data shows

According to BRC-Opinium data, consumer expectations over the next three months of the state of the economy worsened to -37 in February, down from -34 in January. This is the fifth consecutive month in which expectations have worsened. Their personal financial situation dropped to -11… This story continues at Consumer confidence almost 40pts lower than in July, data shows Or just read more coverage at Talking Retail

3 days ago

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