The UK GfK Consumer Confidence Index rose to -14 in August 2026 from -17 in the previous month, marking the highest level in two years despite lingering geopolitical and economic uncertainty. Consumers became more optimistic about the economy and their personal finances over the next 12 months, while more households viewed the current period as a good time to make major purchases. Confidence has rebounded over the past two months, supported by the appointment of new Prime Minister Andy Burnham and easing energy prices. However, rapidly rising inflation is threatening to weigh on sentiment, with consumer prices climbing sharply in July to 2.9%, the highest in four months, driven by higher household energy costs. GfK warned that continued uncertainty surrounding the Middle East and elsewhere, along with persistent cost-of-living pressures, could test consumer confidence in the months ahead. source: GfK Group

Consumer Confidence in the United Kingdom increased to -14 points in August from -17 points in July of 2026. Consumer Confidence in the United Kingdom averaged -11.24 points from 1981 until 2026, reaching an all time high of 10.00 points in June of 1987 and a record low of -49.00 points in September of 2022. 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 - data, historical chart, forecasts and calendar of releases - was last updated on September of 2026.

Consumer Confidence in the United Kingdom increased to -14 points in August from -17 points in July of 2026. Consumer Confidence in the United Kingdom is expected to be -19.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Consumer Confidence is projected to trend around -14.00 points in 2027 and -12.00 points in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-07-23 11:01 PM
GfK Consumer Confidence
Jul -17 -23 -21 -21
2026-08-20 11:01 PM
GfK Consumer Confidence
Aug -14 -17 -18 -18
2026-09-24 11:01 PM
GfK Consumer Confidence
Sep -14 -19


Related Last Previous Unit Reference
Bank Lending Rate 9.07 9.03 percent Jul 2026
CBI Distributive Trades -48.00 -26.00 Net Balance Aug 2026
GfK Consumer Confidence -14.00 -17.00 points Aug 2026
BoE Consumer Credit 2006.00 1865.00 GBP Million Jul 2026
Consumer Spending 420380.00 419235.00 GBP Million Jun 2026
Disposable Personal Income 438073.00 441556.00 GBP Million Mar 2026
Gasoline Prices 2.19 2.10 USD/Liter Aug 2026
Households Debt to GDP 73.60 73.70 percent of GDP Dec 2025
Net Lending to Individuals MoM 6298.00 9542.00 GBP Million Jul 2026
Personal Savings 8.90 9.60 percent Mar 2026
Retail Sales ex Fuel MoM 2.30 5.00 percent Jul 2026
Retail Sales MoM -0.50 0.70 percent Jul 2026
Retail Sales YoY 1.60 3.80 percent Jul 2026


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.
Actual Previous Highest Lowest Dates Unit Frequency
-14.00 -17.00 10.00 -49.00 1981 - 2026 points Monthly

News Stream
UK Consumer Confidence Hits 2-Year High
The UK GfK Consumer Confidence Index rose to -14 in August 2026 from -17 in the previous month, marking the highest level in two years despite lingering geopolitical and economic uncertainty. Consumers became more optimistic about the economy and their personal finances over the next 12 months, while more households viewed the current period as a good time to make major purchases. Confidence has rebounded over the past two months, supported by the appointment of new Prime Minister Andy Burnham and easing energy prices. However, rapidly rising inflation is threatening to weigh on sentiment, with consumer prices climbing sharply in July to 2.9%, the highest in four months, driven by higher household energy costs. GfK warned that continued uncertainty surrounding the Middle East and elsewhere, along with persistent cost-of-living pressures, could test consumer confidence in the months ahead.
2026-08-20
UK Consumer Confidence Hits 6-Month High
The UK GfK Consumer Confidence Index rose to -17 in July 2026 from -23 in June, marking the highest level since January and the largest monthly improvement since November 2023. The latest figure was well above market expectations of -21, driven by optimism surrounding Andy Burnham's appointment as prime minister, hopes for easing Middle East tensions at the start of the month, and a boost from the summer weather and the FIFA World Cup. Households' assessment of the economy over the past year improved by 10 points to -39, the strongest reading since late 2024, while expectations for the next 12 months climbed 8 points to -28, the highest since October 2024. Intentions to make major purchases also increased by 8 points to -12, the strongest level this year. However, the survey was conducted before the renewed escalation in the Middle East, while GfK warned that sustaining the "Burnham bounce" will depend on the new government delivering on cost-of-living and economic growth challenges.
2026-07-23
UK Consumer Confidence Remains Subdued
The UK GfK Consumer Confidence Index held steady at -23 in June 2026, slightly above market expectations of -24 but unchanged from May. Despite the stable headline reading, GfK Consumer Insights Director Neil Bellamy warned that confidence is weakening beneath the surface as political uncertainty weighs on households. Sentiment among consumers aged 16 to 29 fell sharply by 11 points to -2, its weakest level in two years. Households also grew more pessimistic about their personal finances over the past year, with the gauge dropping three points to -10, while expectations for the year ahead remained subdued at -2. Meanwhile, intentions to make major purchases were unchanged at -20, matching the lowest level since January 2025, suggesting consumers remain cautious about discretionary spending. The survey also showed households' assessment of the economy over the past year deteriorated further, although expectations for the coming 12 months improved modestly.
2026-06-18