British consumer confidence edged down to -6 in February 2017 from -5 in the previous month and in line with market expectations. Consumers showed higher concerns about their personal finances in the year ahead while the readiness to make major purchases declined for a second month running. Still, the general economic situation over the next year was assessed less negatively. Consumer Confidence in the United Kingdom averaged -8.97 from 1981 until 2017, reaching an all time high of 10 in June of 1987 and a record low of -39 in July of 2008.
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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. 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 – actual data, historical chart and calendar of releases – was last updated on March of 2017.