The GfK consumer confidence in the United Kingdom fell 3 points from a month earlier to -14 in August 2019, below market consensus of -12. It was a seven-month low with all five measures declining, as growth concerns and domestic policy uncertainty mainly over Brexit continue to weigh on sentiment. The measure for the country’s general economic situation during the last 12 months dropped 2 points this month to -34, whereas expectations for the general economic situation over the next 12 months fell 6 points to -38. Also, the gauge for personal fiances over the last 12 months declined 2 points to -1 and that for personal finances over the next 12 months slumped 5 points to 2. The big purchases climate sub-index went down 3 points to 1. “Until Brexit leaves the front pages – whenever that will be – consumers can be forgiven for feeling nervous not just about the wider economy but also about their financial situation,” said Joe Stanton, Client Strategy Director at GfK. Consumer Confidence in the United Kingdom averaged -9.06 Index Points from 1981 until 2019, 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 -14.00 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
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Calendar GMT Actual Previous Consensus TEForecast
2019-05-30 11:01 PM Gfk Consumer Confidence May -10 -13 -12 -12
2019-06-27 11:01 PM Gfk Consumer Confidence Jun -13 -10 -11 -9
2019-07-30 11:01 PM Gfk Consumer Confidence Jul -11 -13 -13 -14
2019-08-29 11:01 PM Gfk Consumer Confidence Aug -14 -11 -12 -12
2019-09-26 11:01 PM Gfk Consumer Confidence Sep -14 -14 -14
2019-10-31 12:01 AM Gfk Consumer Confidence Oct
2019-11-29 06:01 PM GfK Consumer Confidence Nov


United Kingdom Consumer Last Previous Highest Lowest Unit
Consumer Confidence -14.00 -11.00 10.00 -39.00 Index Points [+]
Retail Sales MoM -0.20 0.40 2.90 -3.50 percent [+]
Retail Sales YoY 2.70 3.40 9.00 -3.90 percent [+]
Consumer Spending 340546.00 338901.00 340546.00 68903.00 GBP Million [+]
Disposable Personal Income 346349.00 344938.00 346349.00 66638.00 GBP Million [+]
Personal Savings 4.40 4.80 15.20 -0.90 percent [+]
Bank Lending Rate 1.75 1.75 18.00 1.25 percent [+]
Retail Sales Ex Fuel -0.30 0.40 3.30 -3.60 percent [+]
Cbi Distributive Trades -49.00 -16.00 72.00 -55.00 Net Balance [+]
Gasoline Prices 1.57 1.57 2.22 0.92 USD/Liter [+]
Households Debt To GDP 87.10 86.80 95.90 28.70 percent of GDP [+]
Consumer Credit 897.00 1075.00 2296.00 -1169.00 GBP Million [+]
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 September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-14.00 -11.00 10.00 -39.00 1981 - 2019 Index Points Monthly




Country Last Previous
Argentina 41.90 Aug/19
Australia 98.20 Sep/19
Brazil 47.00 Jun/19
Canada 53.00 Sep/19
China 124.40 Jul/19
Euro Area -6.50 Sep/19
France 102.00 Aug/19
Germany 9.70 Sep/19
India 95.70 Sep/19
Indonesia 123.10 Aug/19
Italy 111.90 Aug/19
Japan 37.10 Aug/19
Mexico 43.40 Aug/19
Netherlands -2.00 Sep/19
Russia -15.00 Jun/19
Saudi Arabia 114.00 Jun/19
South Africa 5.00 Jun/19
South Korea 92.50 Aug/19
Spain 86.00 Aug/19
Switzerland -8.00 Sep/19
Turkey 55.80 Sep/19
United Kingdom -14.00 Aug/19
United States 92.00 Sep/19


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