THE RETAIL BULLETIN - The home of retail news
Home Page
News Categories
Christmas Ads
Commentary
Department Stores
Electricals & Technology
Entertainment
Fashion
Food & Drink
General Merchandise
Grocery
Health & Beauty
Home & DIY
Interviews
Property
Retail News
Retail Solutions
Shopping Centres, High Streets & Retail Parks
Sports & Leisure
Retail Events
THE Retail Conference 2022
Retail Women In Leadership 2022
Digital Transformation Strategy 2022 Part 2
Omni Channel Futures 2023
Upcoming Retail Events
Past Retail Events
Retail Insights
Retail Solutions
Advertise
About
Contact
Subscribe for free
Terms and Policies
Privacy Policy
Consumer confidence ‘flatlines’ in November

New figures have shown that consumer confidence ‘flatlined’ in November as shoppers wait to see what happens with the general election and Brexit. The data from… View Article

GENERAL MERCHANDISE

Consumer confidence ‘flatlines’ in November

New figures have shown that consumer confidence ‘flatlined’ in November as shoppers wait to see what happens with the general election and Brexit.

The data from GfK’s long running consumer confidence index shows that the overall index score stayed at -14 this month.

While the index measuring consumers’ forecast for personal finances over the next 12 months was unchanged from October at 1, the major purchase index decreased by one point to 0.

Meanwhile, the index measuring people’s expectations for the general economic situation over the next 12 months rose by three points to -34

Joe Staton, client strategy director at GfK, said: “In the face of Brexit and election uncertainty, consumers are clearly in a ‘wait-and-see’ mode. The score for the general economy over the coming year has ticked up three points and this is possibly an indication that some consumers believe the imminent general election might clear the Brexit deadlock, even though this sub-measure is still in deeply negative territory at -34. The general election is potentially an opportunity to move us out of the doldrums – but for this to happen there must be a clear result.”

Photo by Georgia Hawkins.

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

THE NEXT EVENT

See all upcoming events

LATEST VIDEO

UKG LifeWork ALL: Register your place now to hear more. RETAIL HR 21 Sept LONDON
UKG LifeWork ALL: Register your place now to hear more. RETAIL HR 21 Sept LONDON

Watch video >