Consumer Confidence Remains Subdued Despite Slight December Uptick

Consumer Confidence Edges Higher But Overall Picture Remains Gloomy

Data from the British Retail Consortium (BRC) suggests consumer confidence saw a slight uptick this month after the Budget was not as bad as feared for some households. However, the overall outlook is still gloomy. The BRC-Opinium survey showed that (more…) The post Consumer Confidence Edges Higher But Overall Picture Remains Gloomy appeared first on KamCity.

Consumer confidence remains subdued despite slight December uptick

Consumer confidence remained weak in December despite a modest improvement in expectations about the wider economy, according to new figures from the British Retail Consortium (BRC). Data from the BRC-Opinium survey showed expectations for the state of the economy over the next three months rose to -38 in December, from -44 in November. Views on personal finances also improved, increasing to -10 from -16 over the same period. However, expectatio…

Consumer confidence ‘remains gloomy’

With the Budget not as bad as feared for households, confidence saw a slight uptick in December, says the British Retail Consortium (BRC). According to BRC-Opinium data, consumer expectations over the next three months show the state of the economy improved to -38 in December, up from -44 in November. Their personal financial situation improved to -10 in December, up from -16 in November. Their personal spending on retail fell to +6 in December,…