9 Articles
9 Articles
Young adults lift UK consumer confidence despite economic concerns
Consumer confidence in the UK rose modestly in June, buoyed by optimism among younger age groups despite continuing concerns over inflation and global instability, according to new data from GfK. The research firm’s long-running Consumer Confidence Index increased by two points to -18, with improvements in views of the wider economy offsetting stagnant perceptions of personal finances. While sentiment around the general economic situation improv…
Consumer confidence up in June amid ‘dark shadow’ of inflation and war - Rother Radio
Consumer confidence improved marginally in June despite the “dark shadow” of inflation and turmoil in the Middle East, figures show. GfK’s long-running Consumer Confidence Index rose two points but remains firmly in negative territory at minus 18. Confidence in the general economy over the coming year rose five points, driving the improvement, but still remains at minus 28 – 17 points worse than last June. The forecast for personal finances over…
Consumer confidence rises - Credit Connect
Consumer confidence has seen a slight increase, with GfK’s consumer confidence index rising by two points in June. The index remains in negative territory at minus 18, four points lower than last year. Confidence among UK consumers has improved but remains fragile in the face of expected petrol price rises amid escalating conflict in the Middle East. Neil Bellamy, Consumer Insights Director at GfK, an NIQ Company, said “Headline consumer confide…
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