United Kingdom Consumer Credit  Forecast 2016-2020

Consumer Credit in the United Kingdom is expected to be 1370.00 GBP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Credit in the United Kingdom to stand at 1770.00 in 12 months time. In the long-term, the United Kingdom Consumer Credit is projected to trend around 2430.00 GBP Million in 2020, according to our econometric models.

United Kingdom Consumer Credit
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Forecast Actual Q2/17 Q3/17 Q4/17 Q1/18 2020 Unit
Consumer Credit 1525 1370 1510 1680 1770 2430 GBP Million
United Kingdom Consumer Credit Forecasts are projected using an autoregressive integrated moving average (ARIMA) model calibrated using our analysts expectations. We model the past behaviour of United Kingdom Consumer Credit using vast amounts of historical data and we adjust the coefficients of the econometric model by taking into account our analysts assessments and future expectations. The forecast for - United Kingdom Consumer Credit - was last predicted on Thursday, June 29, 2017.



United Kingdom Consumer Last Q2/17 Q3/17 Q4/17 Q1/18 2020
Consumer Confidence -5 -6 -8 -10 -9 2
Retail Sales MoM -1.2 0.2 0.1 0.4 -0.3 0.5
Retail Sales YoY 0.9 2.3 3 2.6 2.8 2.7
Consumer Spending 310222 312000 313000 314000 315000 323000
Disposable Personal Income 309295 316200 321400 327200 332500 394400
Personal Savings 3.3 4.5 5.2 6.8 7 7.9
Bank Lending Rate 1.25 1.25 1.25 1.25 1.25 2.25
Consumer Credit 1525 1370 1510 1680 1770 2430
Gasoline Prices 1.51 1.46 1.44 1.43 1.45 1.47
Households Debt To Gdp 87.6 86.5 86.2 85.9 85.7 78
Households Debt To Income 126 126 126 126 124 119