United Kingdom Consumer Confidence

United Kingdom

Consumer confidence continues to improve in April

In April, the GfK NOP consumer confidence indicator tallied minus 3 points, which was up from the minus 5 points recorded in March. The print marked the highest level since June 2007, which suggests that the drag in confidence that began after the financial crisis may finally be waning and the prospect of economic recovery is pushing expectations up. April's figure was driven by improving expectations regarding the general economic situation; consumers were more optimistic regarding the previous twelve months and the next twelve months. Consumers' perceptions of their personal financial situations was unchanged over the previous month. Finally, consumer's willingness to buy big-ticket items reached the highest level since September 2007.


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United Kingdom Consumer Confidence Chart

United Kingdom Consumer Confidence April 2014

Note: GfK NOP Consumer Confidence Index.
Source: The GfK Group.

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