×
859
Fashion Jobs
HUGO BOSS
E-Commerce Operations & Logistics Manager
Permanent · London
VF INTERNATIONAL
Senior Credit Controller - Multibrand
Permanent · CALVERTON
EASTPAK
Credit Team Leader - Eastpak
Permanent · CALVERTON
HUGO BOSS
Buyer Emea
Permanent · London
ESTÉE LAUDER
Aveda - Omni National Account & Operations Executive
Permanent · London
ESTÉE LAUDER
Demand Planner - Supply Chain
Permanent · London
ESTÉE LAUDER
Director, International Business Development (Maternity Cover)
Permanent · London
PAUL SMITH
International Sales Executive
Permanent · LONDON
EASTPAK
Sales Manager
Permanent · LONDON
NEW BALANCE
Category Merchandising Manager Emea, Running Footwear
Permanent · Warrington
CONFIDENTIEL
Warehouse Area Manager
Permanent ·
ESTÉE LAUDER
Clinique - Consultant - John Lewis, Liverpool - 26 Hours - Part Time, Permanent
Permanent · Liverpool
ESTÉE LAUDER
Clinique - Consultant - Boots-Aintree, Liverpool - 11 Hours - Part Time, Permanent
Permanent · Liverpool
ESTÉE LAUDER
Clinique - Consultant - Fenwick, Newcastle - 12 Hours - Part Time, Permanent
Permanent · Newcastle upon Tyne
ESTÉE LAUDER
Clinique - Consultant - Boots, Bishops Stortford - 7.5 Hours - Part-Time - Permanent
Permanent · Bishop's Stortford
ESTÉE LAUDER
Clinique - Consultant - Boots, st Davids Cardiff - 37.5 Hours - Full Time, Permanent
Permanent · Cardiff
ESTÉE LAUDER
Clinique - Consultant - Boots, Oracle Reading - 28 Hours - Part Time, Permanent
Permanent · Reading
ESTÉE LAUDER
Clinique - Consultant - Flannels, Sheffield Meadowhall - 22.5 Hours - Part Time, Permanent
Permanent · Sheffield
ESTÉE LAUDER
Clinique - Consultant - John Lewis, Cribbs Causeway - 37.5 Hours - Full Time, Permanent
Permanent · Bristol
ESTÉE LAUDER
Clinique - Consultant - Boots, st Davids Cardiff - 30 Hours - Full Time, Permanent
Permanent · Cardiff
ESTÉE LAUDER
Art Director
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - Fenwick, Bracknell - 11.5 Hours - Part Time, Permanent
Permanent · Bracknell
Published
May 21, 2021
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

UK consumer confidence keeps climbing, back to pre-Covid level

Published
May 21, 2021

The bounce in UK consumer confidence continues. The easing of Covid-19 restrictions was the obvious plus behind a six-point rise for May ( to -9), returning to the level last seen before the pandemic hit.


Photo: Pexels


GfK’s long-running Consumer Confidence Index also showed three of its measures were up in comparison to April, one measure was down and one was flat.

The index measuring changes in personal finances over the last 12 months slipped one point to -4, the same score as in May 2020. However, the forecast for personal finances over the next 12 months held steady at +10, some 19 points higher than this time last year.

The measure for the general economic situation of the country during the last 12 months jumped 10 points at -48, seven points higher than in May 2020.  And expectations for the general economic situation over the coming 12 months improved an even better 15 points to +4, a massive 58 points higher than May 2020.

The Major Purchase Index increased by five points to -7 in May, some 40 points higher than it was this month last year. Finally, the Savings Index for May is the same as last month (at +22), continuing to stay eight points higher than this time last year.

Joe Staton, Client Strategy director GfK, said: “The financial mood of the nation has bounced back to its pre-lockdown figure… meaning confidence has made up all the ground lost to Covid-19. 

"UK consumer confidence is being driven by continued optimism for our future personal finances and for the wider UK economy in the next 12 months. That ‘economy next year’ measure has recorded a 15-point jump this month and since January has leapt from -44 to + 4. 

"These findings reflect April’s ‘feelgood’ [partial] reopening… combined with continuing vaccination success, all this before the possibility of green-list vacation opportunities in May”. 

He added: “In addition, we’re seeing a healthy five-point uptick in the major purchase index, with more consumers seizing the opportunity to splash the ‘accidental savings’ that some have collected. Now really is a good time to buy. Growing confidence is fuelling the economy and only a reversal to lockdown can dampen this solid momentum”. 

Copyright © 2021 FashionNetwork.com All rights reserved.