United Kingdom: Consumer confidence index stable in April
May 4, 2015
In April, the GfK NOP consumer confidence indicator was stable at the previous month’s 4.0 points, which had marked the highest reading since September 2002.
April’s figure reflects that an improvement in consumers’ perceptions regarding the general economic situation over the next 12 months was compensated for by a drop in consumer’s willingness to make major purchases. Conversely, their expectations regarding personal financial situation over the next 12 months was unchanged over the previous month.
Author: Dirina Mançellari, Senior Economist