Young Brits drive consumer confidence up while high-income households cut back
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3 Articles
Gen Z drives improvements in consumer confidence
According to BRC-Opinium data, consumer confidence improved for the second month in a row, reaching its highest level since Christmas. Consumer expectations over the next three months of the state of the economy is shown to have improved to -28 in June, up from -36… This story continues at Gen Z drives improvements in consumer confidence Or just read more coverage at Talking Retail
Young Brits drive consumer confidence up while high-income households cut back
A confidence boost amongst Gen Z Brits drove an improvement in consumer confidence in June while wealthier households held back, according to new data. Overall confidence about the state of the UK’s economy improved to -38 in June, up from -36 in May, according to the British Retail Consortium (BRC). Brits’ confidence about their personal financial situation improved to -5, up 7 points month on month, while personal spending rose two points to +…
Consumer confidence up says BRC, but not for furnishings - Big Furniture Group
Consumer confidence improved for the second month in a row, reaching its highest level since Christmas, albeit still firmly in negative territory, says BRC data, while furniture still struggles. According to BRC-Opinium data, consumer expectations over the next three months show the state of the economy improved to -28 in June, up from -36 in May. Their personal financial situation improved to -5 in June, up from -12 in May. Their personal spend…
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