The GfK consumer confidence index in the UK decreased by one point to -14 in December 2018, matching market expectations, amid sticky concerns over Brexit negotiations. It was the lowest print since July 2013, as expectations for the economy over the next 12 months tumbled to its lowest since December 2011 (-38 vs -32 in November). In addition, the gauge measuring personal finances over the next 12 month dropped to -1 in December from 3 in the previous month. Still, consumers felt better about their personal finances over the past year (-1 vs -3) and were more willing to make major purchases (2 vs -3). "In the face of ever-rising costs, and the threat of higher inflation combined with uncertainty around the outcome of the Brexit negotiations, it's no surprise that consumers are in a chilly mood of despondency," GfK executive Joe Staton said. Consumer Confidence in the United Kingdom averaged -8.99 Index Points from 1981 until 2018, reaching an all time high of 10 Index Points in June of 1987 and a record low of -39 Index Points in July of 2008.

Consumer Confidence in the United Kingdom is expected to be -20.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in the United Kingdom to stand at -12.00 in 12 months time. In the long-term, the United Kingdom Consumer Confidence is projected to trend around -2.00 Index Points in 2020, according to our econometric models.

United Kingdom Consumer Confidence
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2018-09-27 11:01 PM Gfk Consumer Confidence -9 -7 -8 -8
2018-10-31 12:01 AM Gfk Consumer Confidence -10 -9 -10 -11
2018-11-29 06:01 PM GfK Consumer Confidence -13 -10 -11 -9
2018-12-21 12:01 AM GfK Consumer Confidence -14 -13 -14 -16
2019-01-31 12:01 AM Gfk Consumer Confidence -14 -16
2019-02-28 12:01 AM Gfk Consumer Confidence
2019-03-29 11:01 PM Gfk Consumer Confidence -20


United Kingdom Consumer Last Previous Highest Lowest Unit
Consumer Confidence -14.00 -13.00 10.00 -39.00 Index Points [+]
Retail Sales MoM -0.90 1.30 2.90 -3.50 percent [+]
Retail Sales YoY 3.00 3.40 9.00 -3.90 percent [+]
Consumer Spending 336079.00 334385.00 336079.00 68903.00 GBP Million [+]
Disposable Personal Income 340827.00 340475.00 340973.00 66638.00 GBP Million [+]
Personal Savings 4.30 4.50 15.20 -0.90 percent [+]
Bank Lending Rate 1.75 1.75 18.00 1.25 percent [+]
Consumer Credit 924.00 754.00 2231.00 -1185.00 GBP Million [+]
Gasoline Prices 1.55 1.60 2.22 0.92 USD/Liter [+]
Households Debt To GDP 86.30 86.10 95.90 28.70 percent of GDP [+]
Consumer Confidence Current Conditions -25.00 -20.00 7.00 -82.00 [+]
Consumer Confidence Economic Expectations -23.00 -21.00 20.00 -52.00 [+]
Consumer Confidence Financial Expectations 0.00 4.00 15.00 -18.00 [+]
Consumer Confidence Major Purchases Expectations 1.00 9.00 31.00 -43.00 [+]


United Kingdom Consumer Confidence

In the United Kingdom, the consumer confidence survey measures the level of optimism that consumers have about the performance of the economy in the next 12 months. The GfK Consumer Confidence is derived from the survey of about 2,000 consumers which are ask to rate the relative level of past and future economic conditions including personal financial situation, climate for major purchases, overall economic situation and savings level. This page provides the latest reported value for - United Kingdom Consumer Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom Consumer Confidence - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-14.00 -13.00 10.00 -39.00 1981 - 2018 Index Points Monthly




Country Last Previous
Argentina 36.00 Dec/18
Australia 99.60 Jan/19
Brazil 114.30 Dec/18
Canada 54.17 Jan/19
China 122.10 Nov/18
Euro Area -6.20 Dec/18
France 87.00 Dec/18
Germany 10.40 Jan/19
India 94.00 Dec/18
Indonesia 127.00 Dec/18
Italy 113.10 Dec/18
Japan 42.70 Dec/18
Mexico 105.65 Dec/18
Netherlands 9.00 Dec/18
Russia -17.00 Dec/18
Saudi Arabia 106.00 Sep/18
South Africa 7.00 Sep/18
South Korea 97.20 Dec/18
Spain 90.90 Dec/18
Switzerland -6.00 Dec/18
Turkey 58.20 Dec/18
United Kingdom -14.00 Dec/18
United States 98.30 Dec/18


Related

Latest