UK Consumer Confidence Has ‘Collapsed’ During Iran War, Retail Industry Says

UK consumer confidence has ‘collapsed’ during Iran war, retail industry says

BRC survey finds public even more pessimistic about finances as higher energy prices fuel inflation fears Consumer confidence in the UK has “collapsed” since the start of the Iran war, according to new research from the British Retail Consortium. The sharp rise in energy prices caused by the…

Consumer confidence ‘collapses’ as Middle East war escalates

Consumer expectations of the economy over the next three months has fallen to its lowest level on record, the BRC and Opinium found.

Consumer Confidence In The UK Has ‘Collapsed’ Due To The Middle East War

The latest BRC-Opinium analysis of consumer confidence in the UK suggests that the conflict in the Middle East is likely to have a significant impact on spending in the coming months. Consumer expectations for the state of the economy over (more…) The post Consumer Confidence In The UK Has ‘Collapsed’ Due To The Middle East War appeared first on KamCity.

Consumer confidence drops to record low amid Middle East conflict

Consumer confidence in the UK economy fell to its lowest level on record in March as regional conflict in the Middle East drove inflation fears, according to data from the latest BRC-Opinium tracker.  It comes as expectations for the economy dropped to -53 from -30 in February. Personal financial expectations also hit a record low of -17, down from -6 the previous month. The decline was most significant among the Boomer generation due to their r…

BRC reports 'consumer confidence collapse' as war escalates

According to BRC-Opinium data, consumer expectations over the next three months of the state of the economy worsened significantly to -53 in March, down

Consumer Confidence in the UK Collapsed - ActionForex

A survey by the British Retail Consortium shows that consumer confidence in the UK collapsed as the Middle East conflict raised the prospect of higher inflation in the months ahead. As stock markets tumbled, both the index of confidence in the economy over the next three months (-56 from -30) as well as consumers’ expectations on their own personal finances (-17 from -6) dropped to their lowest levels on record. BRC analyses that the drop in con…