Consumer confidence plummets amid ‘perfect storm of worries’

Brands must make sure they remain on the “must have” list, says Gfk’s Joe Staton, as confidence could drop even further. Source: Shutterstock Consumer confidence has fallen to its lowest score in 13 months, as concerns over the impact of price rises, taxes and...

Confidence takes a knock as consumers brace for cost of living squeeze

Rising inflation and energy price increases have dampened consumers’ confidence in January, but marketers are warned to “hold firm”. Source: Shutterstock While the easing of Covid restrictions has come as a welcome relief, consumers are still not feeling confident...

Consumer confidence slips as Omicron takes hold

Inflation and developing news surrounding the Omicron variant has hit consumer confidence, as this month’s GfK data shows drops in major purchase intentions, personal and economic outlooks over the next 12 months. Source: Shutterstock Consumer confidence in the UK has...

Consumer confidence returns to growth despite inflation fears

Despite record breaking inflation and higher living costs, this month’s GfK data shows an increase to major purchase intentions and a positive outlook for the economy. UK consumer confidence is back on the rise as future expectations for the economy and personal...

Consumer confidence ‘derailed’ amid petrol and energy crises

With Christmas only two months away, confidence in personal finances, the wider economy and major purchase intention have all taken a “worrying” slip. Following six months of strong recovery over the first half of 2021, UK consumer confidence has taken a turn for the...