Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Consumer confidence improves

  • Comment

Consumer confidence improved for the third consecutive month in April.

Consumer confidence improved by three points to - 27 according to the GfK NOP Consumer Confidence Index. This is still a historical low, but 12 points ahead of last July, when the Index recorded an all time low. It is three points behind levels in April 2008.

Confidence in the general economic situation also rose by 16 points to -15, 23 points higher than April 2008. This is the highest score since April 2007.

Rachael Joy from the Consumer Confidence team at GfK NOP said: “Significantly, this is now the third consecutive month that we have seen a rise in teh index - suggesting a definite upward trend - and it’s largely driven by the public’s perception that the next 12 months will be better for both our own personal finances and particularly for the economy in general. This could be down to a combination of the simple belief that things are improving, as well as the feel good factor of improving weather following the Easter Bank Holiday. It is worth noting that fieldwork this month was caried out before the Budget, so we’re very interested to see how next month’s results are affected by that.”


  • Comment

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.