THE RETAIL BULLETIN - The home of retail news
HOME
RETAIL NEWS
RETAIL EVENTS
Fashion
Department Stores
Shopping Centres & Retail Parks
Home & DIY
Electricals
Health & Beauty
General Merchandise
Entertainment
Sports & Leisure
Retail Solutions
Food & Drink
Interviews
RETAIL INSIGHTS
RETAIL SOLUTIONS
ABOUT US
CONTACT US
SUBSCRIBE FOR FREE
UK consumer confidence reaches highest level since 2005

UK consumer confidence in June has risen to its highest level in nine years according to figures released by GfK in its latest Consumer Confidence Barometer.

GENERAL MERCHANDISE

UK consumer confidence reaches highest level since 2005

UK consumer confidence in June has risen to its highest level in nine years according to figures released by GfK in its latest Consumer Confidence Barometer.

The research firm’s headline figure climbed by one point to 1 this month. Gfk said the change was psychologically important in that the index moved into positive territory for the first time since March 2005.

The measure for the general economic situation over the next 12 months increased by one point this month to 13. While the ‘climate for major purchases’ index increased one point to -2, the measure for consumers’ personal financial situation over the next 12 months declined by three points to 3.

Nick Moon, managing director of social research at GfK, said: “The next few months will be particularly interesting, since the previous venture into positive territory was merely transitory – two isolated months in January and March 2005. The last time the index was consistently positive was back in 2002 and this must be the next “target” from the government’s point of view as we get close to the election period.”

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

RETAIL EVENTS

Omnichannel Futures Conference 2019
Omnichannel Futures Conference 2019
6 February 2019
Cavendish Conference Centre, London WG1 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy
Customer Engagement Conference 2019
Customer Engagement Conference 2019
5 June 2019
Cavendish Conference Centre, London W1
The 10th Annual Retail Customer Engagement Summit
The HR Summit 2019
The HR Summit 2019
Tuesday 8 October 2019
The Cavendish Conference Centre, London W1
The 11th HR Summit 2019, The Cavendish Conference Centre, London W1, 8 October 2019
AI in Retail Conference 2019
AI in Retail Conference 2019
16 October 2019
Cavendish Conference Center, 22 Duchess Mews, London W1G 9DT
Digitally native competitors and demanding customers are forcing a new perspective in retail. AI and machine learning can help you step up to the challenges; and some ‘small and beautiful’ solutions can increase your conversion rates within just a few weeks.
Payment Roundtable 2019
Payment Roundtable 2019
6 February 2019
The Cavendish Conference Centre, 22 Duchess Mews, London W1G 9DT
The Retail Bulletin Payment Roundtable will raise debate and discussion centred on but not exclusive to improving the in-store payment process