Another Flat Month for UK Consumer Confidence
October 6 2003
The UK's Consumer Confidence Index, researched by Martin Hamblin GfK on behalf of the European Commission, remained static in September with an overall score of -3. The index appears to have stabilised after swings around the time of the Iraq war.
Among the key indicators, most are little changed:
- perceptions of the development of personal finances over the last 12 months have dropped for the second month running, from a score of 0 to -1, but the outlook for the next 12 months is considered slightly brighter - two points up at +11.
- perceptions of the general economic situation developing over the next 12 months were the same as last month at -15, 7 points lower than this time last year. Expectations for the next 12 months have risen just 1 point to -28.
- the biggest changes concern attitudes to saving and spending. Perceptions of the climate for making major purchases have fallen by 4 points to +15; whereas the climate for savings is seen as healthier, rising by 4 points to -2.
The survey was conducted amongst a sample of 2125 individuals aged 16+ between 28th August and 16th September.
All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas unless otherwise stated.
