The United Kingdom’s GfK Consumer Confidence stood at -9 in June, unchanged from May and its highest since March 2020, though households were less optimistic about the economic outlook. source: GfK Group

Consumer Confidence in the United Kingdom averaged -9.57 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 July of 2021.

Consumer Confidence in the United Kingdom is expected to be -7.00 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 1.00 in 12 months time. In the long-term, the United Kingdom Consumer Confidence is projected to trend around -2.00 points in 2022 and -4.00 points in 2023, according to our econometric models.

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United Kingdom Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
-9.00 -9.00 10.00 -39.00 1981 - 2021 points Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-03-19 12:01 AM Mar -16 -23 -20 -20
2021-04-22 11:01 PM Apr -15 -16 -12 -12
2021-05-20 11:01 PM May -9 -15 -12 -14
2021-06-24 11:01 PM Jun -9 -9 -7 -7
2021-07-22 11:01 PM Jul -9 -8 -7
2021-08-23 11:01 PM Aug
2021-09-22 11:01 PM Sep
2021-10-21 11:01 PM Oct


News Stream
UK Consumer Confidence Holds at 14-Month High
The United Kingdom’s GfK Consumer Confidence stood at -9 in June, unchanged from May and its highest since March 2020, though households were less optimistic about the economic outlook.
2021-06-24
UK Consumer Confidence Hits 14-Month Peak
The United Kingdom’s GfK Consumer Confidence index rose to -9 in May of 2021 from -15 in the previous month and compared with a market consensus of -12. It was the highest reading since a survey conducted in March last year, buoyed by growing optimism about the economy as lockdown restrictions eased. There were improvements in both the economic situation over the last twelve months (-48 vs -58) and the next twelve months (4 vs -12).
2021-05-20
UK Consumer Confidence Hits 13-Month High
The United Kingdom’s GfK Consumer Confidence index rose to -15 in April of 2021 from -16 in the previous month and compared with a market consensus of -12. It was the highest reading since a survey conducted in early March last year, as the UK rolled out vaccines rapidly and set out a path for reopening the economy. There were improvements in both the economic situation over the last twelve months (-58 vs -60) and the next twelve months (-11 vs -17).
2021-04-22
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

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.