The United Kingdom’s Gfk Consumer Confidence declined to -33 in November 2020 from -31 in the previous month and compared to consensus of -34, as further lockdowns to contain the second wave of coronavirus cases weighed heavily. It was the sharpest fall since May and was the second straight drop after a 9-month high in September, as three of the five measures fell: personal financial situation over last 12 months (-16 vs -9 in October); personal financial situation over next 12 months (-5 vs 0); and major purchase index (-28 vs -27). The gauges for general economic situation over last 12 months and over next 12 month were unchanged. source: GfK Group
Consumer Confidence in the United Kingdom averaged -9.46 points from 1981 until 2020, reaching an all time high of 10 points in June of 1987 and a record low of -39 points in July of 2008. This page provides the latest reported value for - United Kingdom Consumer Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on November of 2020.
Consumer Confidence in the United Kingdom is expected to be -24.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in the United Kingdom to stand at -16.00 in 12 months time. In the long-term, the United Kingdom Consumer Confidence is projected to trend around -14.00 points in 2021 and -10.00 points in 2022, according to our econometric models.