The United Kingdom’s Gfk Consumer Confidence index rose five points from the previous month to -23 in February 2021, beating market consensus of -27. It was the highest reading since March last year, as prospects for a recovery in the economy improved amid vaccination rollouts and falling numbers of daily coronavirus infections and deaths. There were improvements in four sub-indexes: personal finances over the next 12 months (4 vs 2 in January); economic situation over the last 12 months (-64 vs -67); economic situation over the next 12 months (-30 vs -44); and big purchases climate (-19 vs -24). source: GfK Group

Consumer Confidence in the United Kingdom averaged -9.55 points from 1981 until 2021, 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 February of 2021.

Consumer Confidence in the United Kingdom is expected to be -16.00 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 -10.00 points in 2022, according to our econometric models.

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United Kingdom Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
-23.00 -28.00 10.00 -39.00 1981 - 2021 points Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-11-20 12:01 AM GfK Consumer Confidence Nov -33 -31 -34 -33
2020-12-18 12:01 AM GfK Consumer Confidence Dec -26 -33 -31 -30
2021-01-22 12:01 AM Gfk Consumer Confidence Jan -28 -26 -29 -28
2021-02-19 12:01 AM Gfk Consumer Confidence Feb -23 -28 -27 -26
2021-03-19 12:01 AM Gfk Consumer Confidence Mar -23
2021-04-22 11:01 PM Gfk Consumer Confidence Apr
2021-05-21 11:01 PM Gfk Consumer Confidence May
2021-06-22 11:01 PM Gfk Consumer Confidence Jun
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
UK Consumer Confidence Hits 11-Month High
The United Kingdom’s Gfk Consumer Confidence index rose five points from the previous month to -23 in February 2021, beating market consensus of -27. It was the highest reading since March last year, as prospects for a recovery in the economy improved amid vaccination rollouts and falling numbers of daily coronavirus infections and deaths. There were improvements in four sub-indexes: personal finances over the next 12 months (4 vs 2 in January); economic situation over the last 12 months (-64 vs -67); economic situation over the next 12 months (-30 vs -44); and big purchases climate (-19 vs -24).
2021-02-19
UK Consumer Confidence Sheds 2 Points
The United Kingdom’s Gfk Consumer Confidence decreased to -28 in January 2021 from -26 in the previous month and compared to consensus of -29. The retreat comes after the biggest jump in the indicator in eight years, as the increase in daily coronavirus deaths outweighed the country's coronavirus vaccine programme.
2021-01-22
UK Consumer Confidence Recovers on Vaccine News
The United Kingdom’s Gfk Consumer Confidence improved to -26 in December 2020 from -33 in the previous month and compared to consensus of -31. It was also the biggest jump in the indicator in eight years as the launch of the country's coronavirus vaccine programme nudged sentiment. All five measures rose compared with November, with consumers being particularly optimistic about the general economic situation over the next 12 months. "Consumers are looking for good news and they have found it in the form of the UK's COVID-19 vaccination programme getting underway, which has lifted the mood pre-Christmas 2020," Joe Staton, GfK's client strategy director, said.
2020-12-18
UK Consumer Confidence Falls Further
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.
2020-11-20

United Kingdom Consumer Confidence
In the United Kingdom, the consumer confidence survey measures the level of optimism that consumers have about the performance of the economy in the next 12 months. The GfK Consumer Confidence is derived from the survey of about 2,000 consumers which are ask to rate the relative level of past and future economic conditions including personal financial situation, climate for major purchases, overall economic situation and savings level.