Consumer confidence edges higher in June - GfK

British consumer confidence ticked higher in June, a long-running survey showed on Friday, as hopes grew for the economic outlook.

Source: Sharecast

The latest GfK consumer confidence index was -18, still in negative territory but up two points on May and five on April.

Within that, the indices for the personal finance situation over the last 12 months and expectations for the next year were unchanged.

But the gauge for expectations for the general economic situation jumped five points to -28.

Respondents were also more upbeat about the economy over the last year, with the sub-index rising three points to -43.

The savings index - which is not included in the overall score - dipped one point, while the major purchase index was unchanged.

Neil Bellamy, consumer insights director at GfK, sounded a note of caution, however.

"Confidence is still fragile, because the dark shadow of inflation is a day-to-day challenge for so many of us," he said.

"With petrol prices set to rise in the coming weeks following the escalation of the conflict in the Middle East, and with ongoing uncertainty as to the full impact of tariffs, there is still much that could negatively impact consumers."

A total of 2,001 adults were interviewed between 30 May and 13 June.

The survey, which has been running since 1974, is published jointly by GfK and its founder, the Nuremberg Institute for Market Decisions.

Compare our accounts

If you're looking to grow your money over the longer term (5+ years), we have a range of investment choices to help.

Bank of Scotland is not responsible for the content and accuracy of the Markets News articles. We may not share the views of the author. Understand the risks, please remember the value of your investment can go down as well as up and you may not get back the full amount you invest. We don't provide advice so if you are in any doubt about buying and selling shares or making your own investment decisions we recommend you seek advice from a suitably qualified Financial Advisor. Past performance is not a guide to future performance.

Important legal information

Bank of Scotland Share Dealing Service is operated by Halifax Share Dealing Limited. Halifax Share Dealing Limited. Registered in England and Wales No. 3195646. Registered Office: Trinity Road, Halifax, West Yorkshire HX1 2RG. Authorised and regulated by the Financial Conduct Authority, 12 Endeavour Square, London, E20 1JN under number 183332. A Member of the London Stock Exchange and an HM Revenue & Customs Approved ISA Manager.

Logo Allfunds

The information contained within this website is provided by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd unless otherwise stated. The information is not intended to be advice or a recommendation to buy, sell or hold any of the shares, companies or investment vehicles mentioned, nor is it information meant to be a research recommendation. This is a solution powered by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd incorporating their prices, data news, charts, fundamentals and investor tools on this site. Terms and conditions apply. Prices and trades are provided by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd and are delayed by at least 15 minutes.

FE fundinfo Logo

Data provided by FE fundinfo. Care has been taken to ensure that the information is correct, but FE fundinfo neither warrants, represents nor guarantees the contents of information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein. Past performance does not predict future performance, it should not be the main or sole reason for making an investment decision. The value of investments and any income from them can fall as well as rise.

Refinitiv Logo

© 2025 Refinitiv, an LSEG business. All rights reserved.