United Kingdom Consumer Confidence

United Kingdom

United Kingdom: Consumer sentiment rises for first time in four months

May 31, 2012

In May, the consumer confidence index elaborated by GfK NOP increased by 2 points to minus 29 points, contrasting market expectations of consumer sentiment falling to minus 32 points. The rise represents the first improvement in four months, bringing the index to exactly the same level it was when the economy was entering recession in January and February this year. The improvement was the result of a rise in the two subcomponents that deal with future prospects. Expectations for both the general economic situation and respondents' own financial situation improved compared to April. In contrast, the assessment of the present situation compared to the previous 12 months, along with the willingness to make major purchases, deteriorated slightly over the preceding month.


Sample Report

Looking for forecasts related to Consumer Confidence in United Kingdom? Download a sample report now.


United Kingdom Consumer Confidence Chart

United Kingdom Consumer Confidence May 2012

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

United Kingdom Economic News

More news

Search form