United Kingdom Consumer Confidence

United Kingdom

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.

FocusEconomics Consensus Forecast panelists expect private consumption to expand 2.8% in 2015, which is up 0.2 percentage points over last month’s estimate. For 2016, the panel sees private consumption expanding 2.5%.

Author:, Senior Economist

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United Kingdom Consumer Confidence Chart

United Kingdom Consumer Confidence April 2015

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

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