Consumer confidence reaches highest point of year despite ‘clouds on horizon’

Consumer confidence reaches highest point of year despite ‘clouds on horizon’

GfK’s Consumer Confidence Index increased by two points to minus 17 in August, likely because of the latest cut to interest rates.

Interest Rate Cut Boosts Consumer Confidence, But Still Many Clouds On The Horizon

Despite the continued weak economic conditions in the UK, GfK’s Consumer Confidence Index increased by two points to -17 in August, with four of the measures used to compile the figure up and one was down in comparison to last (more…) The post Interest Rate Cut Boosts Consumer Confidence, But Still Many Clouds On The Horizon appeared first on KamCity.

Consumer confidence in NI increased in the second quarter as sentiment about spending, finances and job security improved - Belfast Chamber

Consumer confidence in Northern Ireland increased in the second quarter of 2025, as people reported feeling more optimistic about their current and future finances, according to new analysis from Danske Bank. The bank’s quarterly Consumer Confidence Index rose by 9 points to 141 in the second quarter of the year from 132 in the previous […] The post Consumer confidence in NI increased in the second quarter as sentiment about spending, finances a…

Consumer confidence reaches highest level of the year - Retail Gazette

UK consumer confidence hit its highest level this year in August, despite “clouds on the horizon”, in terms of growing unemployment and inflation. The GfK’s consumer confidence index rose by two points to -17 over the month, boosted by improved personal finances, likely due to the recent reduction to interest rates. The Bank of England voted to reduce its base interest rate from 4.25% to 4% earlier in August. Confidence in personal finances over…

Consumer confidence climbs despite 'clouds on the horizon'

Drapers Consumer confidence climbs despite ‘clouds on the horizon’ Consumer confidence is looking up slightly despite "many clouds on the horizon" in terms of inflation and rising unemployment, according to the GFK Consumer Confidence Index for August.The post Consumer confidence climbs despite ‘clouds on the horizon’ appeared first on Drapers.

Consumer Confidence Improves But Inflation Clouds Outlook

Consumer confidence in the UK has strengthened to its best level since December, buoyed by the Bank of England’s recent interest rate cut, although concerns over inflation and potential tax rises continue to weigh on sentiment.GfK’s Consumer Confidence Index rose to –17 in August, up from –19 in July, marking the strongest reading in eight months. The improvement was underpinned by more positive views on personal finances, with expectations for …