The United Kingdom’s Gfk Consumer Confidence rose to -25 in September 2020 from -27 in the previous month, ahead of further lockdowns. Three sub indices improved, one deteriorated and one stayed the same. The largest gains were seen in the general economic situation for the next 12 months (up four points to -38) and the major purchase index (up four points to -21). “Despite unfavourable double-dip economic headwinds and the threat of a second lockdown, we have seen an uptick for September as the Overall Index Score climbs to -25 from the near-historic low of -36 in our early June ‘flash’,” said Joe Staton, GfK’s Client Strategy Director.
Consumer Confidence in the United Kingdom averaged -9.35 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 September of 2020. source: GfK Group
Consumer Confidence in the United Kingdom is expected to be -26.00 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 -14.00 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.