THE RETAIL BULLETIN - The home of retail news
Click here
Home Page
News Categories
Commentary
CX
Department Stores
Desert Island Stores
Electricals and Tech
Entertainment
Fashion
Food and Drink
General Merchandise
Grocery
Health and Beauty
Home and DIY
Interviews
People Matter
Retail Business Strategy
Property
Retail Solutions
Electricals & Technology
Sports and Leisure
TRB conference review
Christmas Ads
Shopping Centres, High Streets & Retail Parks
Uncategorized
Retail Events
People in Retail Awards 2024
Retail Ecom North
Retail HR North 2025
Retail Omnichannel Futures 2025
Retail HR Central 2025
The Future of The High Street 2025
Retail Ecom Central
Upcoming Retail Events
Past Retail Events
Retail Insights
Retail Solutions
Advertise
About
Contact
Subscribe for free
Terms and Policies
Privacy Policy
Consumer confidence edges up in December

New figures have shown that consumer confidence has edged up this month but still remains at a near historic low. GfK’s Consumer Confidence Index has increased… View Article

UK HIGH STREET NEWS

Consumer confidence edges up in December

New figures have shown that consumer confidence has edged up this month but still remains at a near historic low.

GfK’s Consumer Confidence Index has increased by two points in December to -42 as people’s incomes continue to be eroded by inflation.

Joe Staton, client strategy director, GfK, said: “December marks the eighth month in a row in which the index has bumped along at -40 or worse, the first time this has happened since our records began nearly 50 years ago. Despite the latest GDP figures showing slight growth in October, the warning is of a tough road ahead and that the UK is not out of the recessionary woods.”

While the forecast for personal finances over the next 12 months remained at -29, the index measuring expectations for the general economic situation over the same period has improved by five points to -53,

Meanwhile the major purchase index is up four points to -34 which is 28 points lower than December last year.

Staton added: “As we enter the festive season, the overall index score is still depressed and, with scant seasonal joy at present and no immediate prospect of fiscal good news, it is unlikely we will see a rebound in confidence anytime soon.”

Subscribe For Retail News