You are seeing these quotes based on previous browsing related to sectors such asUK consumer confidence was steady in July as lockdown measures were eased, according to a survey released on Friday by market research group The survey was put together using data collected between 1 and 13 July and compared to the flash report published on 3 July.GfK’s long-running consumer confidence index was unchanged from the flash report earlier in the month at -27, with three out of five measures of the index rising.The index tracking people’s personal financial situation over the last 12 months improved a touch to -4 from -5, while the gauge tracking their situation over the next year ticked up to zero from -3.The index for the general economic situation over the last 12 months edged down to -61 from -60 and the gauge for the general situation over the next year nudged up to -41 from -42.Joe Staton, client strategy director at GfK, said: "There’s been little to boost the public’s mood as the cost of the pandemic to the UK’s economy is becoming apparent. However, we note the increasing worry concerning consumers employment statuses and household expenditure which it is yet fully be included. The major purchase index advanced notably by seven points as more shoppers hit the high streets.
"Many people have been savvy and saved money during lockdown, as the most recent GDP figures show. "© 2020 WebFG and Media Limited or its affiliated companies. In order to build a complete picture of the economic mood, GfK has indices which record monthly macroeconomic data and consumer feedback, while on a quarterly basis it looks at trends within car purchasing, home buying and home improvements. The results are based on surveys conducted among a random sample of …
"The latest figures from BRC-KPMG’s Retail Sales Monitor, saw the UK retail sales notable improve during June, with total sales increased by 3.4% against a quite soft comparative of minus 1.6%, well above the twelve-month average decline of 2.1%. The GfK survey of 2,000 people aged over 16 between March 16 and 27 shows “consumer confidence falling off the cliff”, said Joe Staton, the research house’s client strategy director.
The June reading was -30.Four measures of the index increased, while one measure decreased. Market research firm GfK said its long-running consumer confidence survey found sentiment at -27 at the end of June. GfK have been conducting the Consumer Confidence Barometer in the UK since June 1995. (RTTNews) - UK consumer sentiment improved at the end of June, according to the flash survey conducted by the market research group GfK. UK consumer confidence was steady in July as lockdown measures were eased, according to a survey released on Friday by market research group GfK. * Copyright © 2020 Insider Inc. and finanzen.net GmbH
The survey is carried out on a monthly basis on behalf of the European Commission, who sponsor the same research in all European Union member countries. "Despite the backdrop of dire warnings about the state of the economy, large-scale job losses, the end of furlough with the prospect of further unemployment, and a possible second-wave of COVID-19, consumers appear to be slightly more confident as lockdown loosens across parts of the UK," Joe Staton, GfK's client strategy director, said.
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