UK economy ‘turning a corner’ as global growth slows, says KPMG July 1, 2024 Falling inflation and and an uptick in consumer confidence will help the UK economy to a better than expected growth over the next two years as global growth is set to slow, according to a report published today.
Consumer confidence slips to pre-Covid levels as shoppers see supplies squeezed October 10, 2021 Consumer confidence has dipped to its lowest level this year, as inflation, the energy crisis and HGV driver shortages take their toll on the outlook to Christmas, according to a new report by PwC. Following record highs earlier in the year, consumer confidence saw a decline in almost every age, region and demographic category, and [...]
Anxiety about soaring living costs weighs down UK consumer confidence September 24, 2021 Intense anxiety about sharp rises in the cost of living is weighing down Brits’ confidence levels, according to fresh data published today. Consumer confidence in the UK slid five points to minus 13 in September, driven by Brits sharpening their focus on the spectre of inflation and tax hikes looming over their living standards. Empty [...]
Rising inflation and spike in Covid cases darken German consumer confidence August 27, 2021 The mood among German consumers darkened heading into September, as accelerating inflation and rising Covid-19 cases made them more hesitant to buy, new data showed today. Watch the full report.
Bank of England’s Mann warns of ’embedded’ inflation risk if demand picks up February 8, 2024 "Real household incomes continue to rise as inflation falls, consumer confidence has improved, indicators of services activity have come in strong, and forward-looking measures of output and employment paint a positive picture," Mann said.
UK consumer confidence jumps on stronger than expected economic rebound July 23, 2021 UK consumer confidence rose for the sixth month in a row in July driven by the economy recovering much faster than initially expected. GfK’s latest consumer confidence index edged up two points to minus seven this month, marking the strong improvement in households’ outlook since the initial Covid unlocking in April of this year. The [...]
Consumer confidence resilient in June despite freedom day delay June 25, 2021 Consumer confidence remained resilient despite a delay to a lifting of the remaining lockdown restrictions in the UK, a closely watched survey has revealed. Data from GfK shows overall consumer confidence remained unchanged over the last month at minus nine in June 2021. But, this is up significantly from minus 30 in June last year. [...]
Consumer confidence stalls amid fears of new variants and the cost of coronavirus April 23, 2021 Consumer confidence stalled in April, as consumers took a more guarded view of the future amid new Covid variants emerging. The closely-watched consumer confidence index from researcher GfK jumped just one point in April to minus 15, a significantly more subdued movement than March’s seven-point leap. Coronavirus restrictions are slowly easing in the UK, with [...]
FTSE 100 today: London markets poised for quiet start as traders take break before Easter March 28, 2024 Asian shares stay calm despite the S&P 500 hitting a new high. The US dollar holds firm post comments from the Federal Reserve's Waller. Attention turns to possible yen intervention by Japan, while gold prices decline. Investors await updates on US consumer confidence and UK Q4 GDP.
Roadmap out of lockdown sends consumer confidence to near 12-month high March 19, 2021 Roadmap out of lockdown sends consumer confidence to near 12-month high