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UK DATA: GfK Unchanged; Economy Expectations Fell For The First Time Since Feb

UK DATA
CEEMEAData BulletBulletUKGlobalFixed Income BulletsForeign Exchange BulletsRegion

UK GfK Consumer Confidence remained unchanged in August, broadly in line with consensus ( -12 consensus)  - remaining at the highest level since September 2021.

  • 3 of 5 subcomponents improved, with all subcomponents above levels seen in August 2023. In particular, the 'Personal Financial Situation over next 12 months' score rose 3 points to 6, and Major Purchase Index also rose 3 points to -13.
  • Meanwhile, the 'General economic situation over next 12 months' score fell 4 points to -15 - down for the first time since February.
  • August's survey was conducted among a sample of 2,003 individuals from August 1 to August 15.
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UK GfK Consumer Confidence remained unchanged in August, broadly in line with consensus ( -12 consensus)  - remaining at the highest level since September 2021.

  • 3 of 5 subcomponents improved, with all subcomponents above levels seen in August 2023. In particular, the 'Personal Financial Situation over next 12 months' score rose 3 points to 6, and Major Purchase Index also rose 3 points to -13.
  • Meanwhile, the 'General economic situation over next 12 months' score fell 4 points to -15 - down for the first time since February.
  • August's survey was conducted among a sample of 2,003 individuals from August 1 to August 15.