The GfK consumer confidence index in the UK declined to -13 in June 2019, erasing a 3-point rebound to -10 in the previous month and missing market consensus of -11, as global growth concerns and domestic policy uncertainty weighed on sentiment. All five subindices dropped from the previous month: personal finances over the last 12 months (-1 vs 3) and over the next 12 months (2 vs 5); economic situation over the last 12 months (-32 vs -30) and over the next 12 months (-33 vs -29); and big purchases climate (-2 vs 1)."While UK consumers continue to remain concerned about the wider economy, over which the woman or man in the street has no control, of greater worry are the falls in the measures for personal finance. These better reflect our hopes and fears for our everyday financial futures and this, coupled with a decline in the Major Purchase Index, could point to a turbulent time for the economy over the summer months.” said Joe Staton, Client Strategy Director at GfK. Consumer Confidence in the United Kingdom averaged -9.04 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 -9.00 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 -10.00 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
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2019-03-29 12:01 AM Gfk Consumer Confidence -13 -13 -14 -13
2019-04-29 11:01 PM Gfk Consumer Confidence -13 -13 -12 -12
2019-05-30 11:01 PM Gfk Consumer Confidence -10 -13 -12 -12
2019-06-27 11:01 PM Gfk Consumer Confidence -13 -10 -11 -9
2019-07-30 11:01 PM Gfk Consumer Confidence -13
2019-08-29 11:01 PM Gfk Consumer Confidence
2019-09-29 11:01 PM Gfk Consumer Confidence -14


United Kingdom Consumer Last Previous Highest Lowest Unit
Consumer Confidence -13.00 -10.00 10.00 -39.00 Index Points [+]
Retail Sales MoM -0.50 -0.10 2.90 -3.50 percent [+]
Retail Sales YoY 2.30 5.10 9.00 -3.90 percent [+]
Consumer Spending 338901.00 336990.00 338901.00 68903.00 GBP Million [+]
Disposable Personal Income 346349.00 344938.00 346349.00 66638.00 GBP Million [+]
Personal Savings 4.40 4.80 15.20 -0.90 percent [+]
Bank Lending Rate 1.75 1.75 18.00 1.25 percent [+]
Retail Sales Ex Fuel -0.30 -0.30 3.30 -3.60 percent [+]
Consumer Credit 822.00 968.00 2296.00 -1169.00 GBP Million [+]
Gasoline Prices 1.62 1.65 2.22 0.92 USD/Liter [+]
Households Debt To GDP 87.10 86.80 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 July of 2019.

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




Country Last Previous
Argentina 40.60 Jun/19
Australia 96.50 Jul/19
Brazil 47.00 Jun/19
Canada 54.51 Jul/19
China 123.40 May/19
Euro Area -7.20 Jun/19
France 101.00 Jun/19
Germany 9.80 Jul/19
India 97.00 Sep/19
Indonesia 126.40 Jun/19
Italy 109.60 Jun/19
Japan 38.70 Jun/19
Mexico 107.52 Jun/19
Netherlands 0.00 Jun/19
Russia -15.00 Jun/19
Saudi Arabia 112.00 Mar/19
South Africa 5.00 Jun/19
South Korea 97.50 Jun/19
Spain 102.30 Jun/19
Switzerland -6.00 Jun/19
Turkey 57.60 Jun/19
United Kingdom -13.00 Jun/19
United States 98.20 Jun/19


Related

Latest