The GfK consumer confidence index in the UK edged up to -13 in February 2019 from a five-year low of -14 in the previous month and above market expectations of -15, as post-Brexit headwinds persist, with employment and wages aiding confidence in February. Households' assessment of their personal finances for the prior and next twelve months remained unchanged at 0 and +1, respectively, while their outlook on the economy over the last 12 months increased two points to -33 and for the next 12 months edged up 1 points to -38. Consumers were also more willing to make major purchases (+5 vs +2). "Although bumping along in negative territory, the Overall Index Score is not showing any sign of making the dramatic drop seen after the June 2016 Brexit Referendum or in the early days of the last financial downturn,” Joe Staton, Client Strategy Director at GfK, said. Consumer Confidence in the United Kingdom averaged -9.01 Index Points from 1981 until 2019, reaching an all time high of 10 Index Points in June of 1987 and a record low of -39 Index Points in July of 2008.

Consumer Confidence in the United Kingdom is expected to be -12.00 Index 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 -12.00 in 12 months time. In the long-term, the United Kingdom Consumer Confidence is projected to trend around -2.00 Index Points in 2020, according to our econometric models.

United Kingdom Consumer Confidence
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Calendar GMT Actual Previous Consensus TEForecast
2018-11-29 06:01 PM GfK Consumer Confidence -13 -10 -11 -9
2018-12-21 12:01 AM GfK Consumer Confidence -14 -13 -14 -16
2019-01-31 12:01 AM Gfk Consumer Confidence -14 -14 -15 -16
2019-02-28 12:01 AM Gfk Consumer Confidence -13 -14 -15 -17
2019-03-29 12:01 AM Gfk Consumer Confidence -13 -14 -13
2019-04-29 11:01 PM Gfk Consumer Confidence
2019-05-30 11:01 PM Gfk Consumer Confidence


United Kingdom Consumer Last Previous Highest Lowest Unit
Consumer Confidence -13.00 -14.00 10.00 -39.00 Index Points [+]
Retail Sales MoM 0.40 0.90 2.90 -3.50 percent [+]
Retail Sales YoY 4.00 4.10 9.00 -3.90 percent [+]
Consumer Spending 337646.00 336282.00 337646.00 68903.00 GBP Million [+]
Disposable Personal Income 340827.00 340475.00 340973.00 66638.00 GBP Million [+]
Personal Savings 4.30 4.50 15.20 -0.90 percent [+]
Bank Lending Rate 1.75 1.75 18.00 1.25 percent [+]
Consumer Credit 1095.00 683.00 2240.00 -1182.00 GBP Million [+]
Gasoline Prices 1.57 1.58 2.22 0.92 USD/Liter [+]
Households Debt To GDP 86.50 86.30 95.90 28.70 percent of GDP [+]
Consumer Confidence Current Conditions -25.00 -20.00 7.00 -82.00 [+]
Consumer Confidence Economic Expectations -23.00 -21.00 20.00 -52.00 [+]
Consumer Confidence Financial Expectations 0.00 4.00 15.00 -18.00 [+]
Consumer Confidence Major Purchases Expectations 1.00 9.00 31.00 -43.00 [+]


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. 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 - actual data, historical chart and calendar of releases - was last updated on March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-13.00 -14.00 10.00 -39.00 1981 - 2019 Index Points Monthly




Country Last Previous
Argentina 34.80 Mar/19
Australia 98.80 Mar/19
Brazil 114.30 Dec/18
Canada 55.08 Mar/19
China 123.00 Dec/18
Euro Area -7.20 Mar/19
France 95.00 Feb/19
Germany 10.80 Mar/19
India 97.00 Mar/19
Indonesia 125.10 Feb/19
Italy 112.40 Feb/19
Japan 41.50 Feb/19
Mexico 119.88 Feb/19
Netherlands -4.00 Mar/19
Russia -17.00 Dec/18
Saudi Arabia 109.00 Dec/18
South Africa 7.00 Dec/18
South Korea 99.50 Feb/19
Spain 96.10 Feb/19
Switzerland -4.00 Mar/19
Turkey 59.40 Mar/19
United Kingdom -13.00 Feb/19
United States 97.80 Mar/19


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