The GfK Consumer Confidence Index in the United Kingdom edged up by 1 point to -19 in March 2025, marking its second consecutive monthly increase after readings of -22 in January and -20 in February. The latest figure also exceeded market expectations of -21 but remained in negative territory, reflecting ongoing consumer caution. Expectations for the general economic situation over the next 12 months improved by 2 points to -29, while sentiment regarding personal finances for the year ahead dipped by 1 point to +1. Meanwhile, the major purchase index, which gauges confidence in buying big-ticket items, remained steady at -17. Neil Bellamy, consumer insights director at NIQ GfK, noted: “Consumer confidence remains subdued, with a headline score of -19 for March.” He added that while the current stability is reassuring, “it wouldn’t take much to unsettle the fragile consumer mood.”. source: GfK Group

Consumer Confidence in the United Kingdom increased to -19 points in March from -20 points in February of 2025. Consumer Confidence in the United Kingdom averaged -10.98 points from 1981 until 2025, reaching an all time high of 10.00 points in June of 1987 and a record low of -49.00 points in September of 2022. This page provides the latest reported value for - United Kingdom Consumer Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on March of 2025.

Consumer Confidence in the United Kingdom increased to -19 points in March from -20 points in February of 2025. Consumer Confidence in the United Kingdom is expected to be -21.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Consumer Confidence is projected to trend around -12.00 points in 2026 and -4.00 points in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-02-21 12:01 AM
Gfk Consumer Confidence
Feb -20 -22 -22 -23
2025-03-21 12:01 AM
Gfk Consumer Confidence
Mar -19 -20 -21 -21
2025-04-25 11:01 PM
Gfk Consumer Confidence
Apr


Related Last Previous Unit Reference
Bank Lending Rate 8.50 8.48 percent Jan 2025
CBI Distributive Trades -23.00 -24.00 Net Balance Feb 2025
GfK Consumer Confidence -19.00 -20.00 points Mar 2025
BoE Consumer Credit 1740.00 1062.00 GBP Million Jan 2025
Consumer Spending 389296.00 389410.00 GBP Million Dec 2024
Disposable Personal Income 414121.00 413269.00 GBP Million Sep 2024
Gasoline Prices 1.76 1.72 USD/Liter Feb 2025
Households Debt to GDP 77.00 77.20 percent of GDP Sep 2024
Net Lending to Individuals MoM 5947.00 4405.00 GBP Million Jan 2025
Personal Savings 10.10 10.30 percent Sep 2024
Retail Sales ex Fuel MoM 2.10 -0.90 percent Jan 2025
Retail Sales MoM 1.70 -0.60 percent Jan 2025
Retail Sales YoY 1.00 2.80 percent Jan 2025

United Kingdom Consumer Confidence
In the United Kingdom, the consumer confidence survey measures the level of optimism that consumers have about the performance of the economy in the next 12 months. The GfK Consumer Confidence is derived from the survey of about 2,000 consumers which are ask to rate the relative level of past and future economic conditions including personal financial situation, climate for major purchases, overall economic situation and savings level.
Actual Previous Highest Lowest Dates Unit Frequency
-19.00 -20.00 10.00 -49.00 1981 - 2025 points Monthly


News Stream
UK Consumer Confidence Improves for Second Month
The GfK Consumer Confidence Index in the United Kingdom edged up by 1 point to -19 in March 2025, marking its second consecutive monthly increase after readings of -22 in January and -20 in February. The latest figure also exceeded market expectations of -21 but remained in negative territory, reflecting ongoing consumer caution. Expectations for the general economic situation over the next 12 months improved by 2 points to -29, while sentiment regarding personal finances for the year ahead dipped by 1 point to +1. Meanwhile, the major purchase index, which gauges confidence in buying big-ticket items, remained steady at -17. Neil Bellamy, consumer insights director at NIQ GfK, noted: “Consumer confidence remains subdued, with a headline score of -19 for March.” He added that while the current stability is reassuring, “it wouldn’t take much to unsettle the fragile consumer mood.”
2025-03-21
UK Consumer Confidence Improves in February
The GfK Consumer Confidence Index in the United Kingdom rose by 2 points to -20 in February 2025, reflecting a slight improvement as households expressed more optimism about their personal finances and the broader economic outlook. Neil Bellamy, the consumer insights director at NIQ GfK, highlighted the shift from January, when all five key measures of consumer confidence declined, to February, when all of them saw an uptick. Consumers also benefited from lower borrowing costs, offering some relief amid ongoing economic uncertainties, which have been intensified by US President Donald Trump’s tariff threats. However, concerns remain about sluggish economic growth and persistent inflation, which could potentially lead to stagflation. Recent data revealed that the UK economy grew at a near standstill in the second half of 2024, while inflation surged unexpectedly to a ten-month high of 3% in January.
2025-02-21
UK Consumer Confidence Falls to 14-Month Low
The GfK Consumer Confidence Index in the United Kingdom dropped by 5 points to -22 in January 2025, marking its lowest level since November 2023. This decline signals growing concerns over an economic slowdown. January's figure also significantly missed forecasts of -18, and reflected the sharpest monthly drop between December and January since 2011. All five components of the survey saw a decrease, driven by softening economic expectations. In addition, a rise in GfK’s savings index—although not part of the overall consumer confidence index—pointed to increased caution among households. The drop in confidence also highlights the impact of the government’s decision to raise taxes on businesses to fund investment and public services. This weakened sentiment supports a dovish outlook for the Bank of England, with market expectations now leaning toward an interest rate cut in February.
2025-01-24