UK consumer confidence stalls in March

-21 points

clock • 1 min read

UK consumer confidence was unchanged in March, with GfK’s Consumer Confidence index remaining at -21.

Consumers showed more confidence in personal financial situations over the next year and the previous year, as well as the general economic situation over the next year compared to February. The future personal financial situation measure was at +2, up from 0 in January and February. The report noted that this was the first positive and highest score since December 2021. Consumer confidence dips for first time in three months Jon Staton, client strategy director at GfK, said the improved personal financial measure is "encouraging" and welcome news considering the "fiscal drag" face...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Economics

Bank of England commits to economic forecasting overhaul following Bernanke review

Bank of England commits to economic forecasting overhaul following Bernanke review

'Substantial' upgrade programme

Valeria Martinez
clock 12 April 2024 • 2 min read
Ben Bernanke urges Bank of England to upgrade 'out of date' forecasting infrastructure

Ben Bernanke urges Bank of England to upgrade 'out of date' forecasting infrastructure

Publication of ‘alternative scenarios’

Valeria Martinez
clock 12 April 2024 • 3 min read
IMF managing director warns central banks to 'resist' calls for early rate cuts

IMF managing director warns central banks to 'resist' calls for early rate cuts

Banks on ‘final stretch’ of inflation battle

Eve Maddock-Jones
clock 12 April 2024 • 2 min read
Trustpilot