United Kingdom: Consumer confidence index improves in August
September 1, 2015
In August, the GfK NOP consumer confidence indicator increased from 4.0 point in July to 7.0 points.
August’s reading reflects an improvement in consumers’ perceptions regarding their personal finances as well as the general economic situation in the next 12 months. Adding to that, consumers were more willing to make major purchases in August compared to the previous month.
Author: Dirina Mançellari, Senior Economist