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.