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Consumer confidence nosedives amid cost of living crisis

Consumer confidence has continued to nosedive as the cost of living crisis deepens, a long-running survey shows. GfK’s Consumer Confidence Index fell five points to minus 31 in March as consumers confront a “wall of worry” amid 30-year-high levels ...

25 Mar 2022 at 01:25

Lowest consumer confidence for 13 months amid ‘perfect storm’ of rising costs

Consumer confidence plunged in February amid a “perfect storm” of price rises, increased taxation and interest rate hikes, a long-running survey shows. GfK’s Consumer Confidence Index fell seven points to minus 26 this month. The headline score ...

25 Feb 2022 at 01:25

Consumer confidence at near historic low despite slight increase

Consumer confidence rose slightly in November in a probable “collective sigh of relief” after the chaos of the mini budget but remains at a near historic low. GfK’s long-running Consumer Confidence Index increased three points to minus 44 with ...

18 Nov 2022 at 01:01

Rise in consumer confidence masks ‘stark reality’ of cost-of-living crisis

Consumer confidence climbed slightly in March despite the cost-of-living crisis remaining a “stark reality” for most, according to a survey. GfK’s long-running Consumer Confidence Index increased two points in March, masking ongoing concerns ...

24 Mar 2023 at 00:01

Consumer confidence shows ‘renewed optimism’ against falling core inflation

Consumer confidence is showing “renewed optimism” against a backdrop of falling core inflation, figures suggest. GfK’s long-running Consumer Confidence Index improved five points in August, with all measures reversing the drop seen in July, ...

25 Aug 2023 at 00:01

Consumer confidence reaches highest point in two years as optimism strengthens

Consumer confidence has reached its highest level in two years as optimism for the coming 12 months strengthens, according to a long-running survey. GfK’s Consumer Confidence Index rose by three points to minus 19 this month – its best ...

29 Jan 2024 at 10:08

Consumer confidence stalls after months of positivity

Consumer confidence has stalled after months of positivity as stubborn inflation led households to limit their spending, figures suggest. GfK’s long-running Consumer Confidence Index fell two points to minus 21 in February, although ...

23 Feb 2024 at 00:01

Consumer confidence stages end-of-year rally

Consumer confidence has bounced back despite the ongoing cost-of-living concerns as consumers look set to “loosen their purse strings” and enjoy the festive season. GfK’s long-running Consumer Confidence Index rose by six points in ...

24 Nov 2023 at 00:01

Consumer confidence plunges in run-up to festive season

Consumer confidence has plunged in the run-up to the festive season as uncertainties posed by conflict in the Middle East add to accelerating energy, fuel and mortgage costs. GfK’s long-running Consumer Confidence Index fell nine ...

20 Oct 2023 at 00:01

Consumer confidence falls to new record low amid ‘stark new economic reality’

Consumer confidence has fallen to its lowest level since records began in 1974 as a “stark new economic reality” hits households, figures show. GfK’s long-running Consumer Confidence Index dropped one point to minus 41 in June, ...

24 Jun 2022 at 01:01

Consumer confidence claws back two points as UK grapples with ‘new abnormal’

Consumer confidence rose slightly in October but remains at near historic lows as the UK grapples with the “new abnormal” of soaring energy, food and mortgage costs. GfK’s long-running Consumer Confidence Index clawed back two ...

21 Oct 2022 at 12:09

Consumer confidence continues to recover despite living cost pressures – survey

Consumer confidence in the year ahead is continuing to recover despite persistent cost-of-living pressures, a long-running survey suggests. GfK’s Consumer Confidence Index rose by three points in May to minus 27, the fourth ...

19 May 2023 at 00:01

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