UK Gfk Consumer Confidence was unchanged at -27 in August, worse than expectation of -25. General economic situation over the last 12 months dropped -1 pts to -62. General economic situation over the next 12 months also dropped -1 pts to -42.
Joe Staton, GfK’s Client Strategy Director, says: “Employment is now the big issue because the pandemic has ended years of job security. Yes, discounted dinners have proved a winner with hungry consumers across the country this month, but it’s difficult to see significantly increased appetite for other types of spending for now.”
