United Kingdom Gfk Consumer Confidence

Info

History

Chart

Impact:

Medium

Source: GfK Group

Latest Release:

Date:

Surprise:

GBP

Actual:

-17

Forecast: -20

Previous/Revision:

-19

Period: Oct

Next Release:

Date:

Period: Jan

What Does It Measure?

The GfK Consumer Confidence Index measures consumer optimism regarding the overall economic outlook, personal financial situation, and willingness to make major purchases in the United Kingdom. This indicator focuses primarily on household sentiment, capturing aspects of production, employment prospects, inflation expectations, and consumer spending behavior.

Frequency

This index is released on a monthly basis, typically published in the last week of the month, and represents a preliminary figure subject to possible revision in subsequent reports.

Why Do Traders Care?

Traders pay close attention to consumer confidence as it is a key indicator of consumer spending, which constitutes a significant portion of economic activity. Higher-than-expected readings can signal economic expansion and lead to a bullish sentiment in currencies and equities, while lower readings could dampen market outlooks and impact asset prices negatively.

What Is It Derived From?

The GfK Consumer Confidence Index is derived from a survey of approximately 2,000 individuals in the UK, assessing their perceptions of the economy and their financial situation. The index is calculated using diffusion indices, which aggregate responses to specific questions regarding economic sentiment and purchasing intentions.

Description

The GfK Consumer Confidence Index serves as a vital tool for understanding consumer behavior and economic health in the UK. It is computed based on responses to questions about financial conditions, the general economic climate, and major purchase intentions, with an index value above zero generally indicating positive sentiment.

Additional Notes

This index is considered a coincident economic indicator, as it reflects current consumer sentiment that tends to correlate with broader economic trends. It is often compared to other indicators, such as retail sales and GDP growth, to give a fuller picture of economic conditions in the UK and its potential implications for future performance.

Bullish or Bearish for Currency and Stocks

Higher than expected: Bullish for GBP, Bullish for Stocks.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number	Better than forecast for the currency (or previous revise better)
Red Number	Worse than forecast for the currency (or previous revise better)
Hawkish	Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish	Favors lower rates to boost growth, weakening the currency but lifting stocks.

Date	Actual	Forecast	Previous	Surprise
Oct 23, 2025	-17	-20	-19	3
Sep 18, 2025	-19	-18	-17	-1
Aug 21, 2025	-17	-20	-19	3
Jul 24, 2025	-19	-20	-18	1
Jun 19, 2025	-18	-20	-20	2
May 22, 2025	-20	-22	-23	2
Apr 24, 2025	-23	-22	-19	-1
Mar 21, 2025	-19	-21	-20	2
Feb 21, 2025	-20	-22	-22	2
Jan 24, 2025	-22	-18	-17	-4
Oct 24, 2024	-21	-21	-20
Sep 19, 2024	-20	-13	-13	-7
Aug 22, 2024	-13	-12	-13	-1
Jul 18, 2024	-13	-12	-14	-1
Jun 20, 2024	-14	-16	-17	2
May 23, 2024	-17	-18	-19	1
Apr 25, 2024	-19	-20	-21	1
Mar 22, 2024	-21	-19	-21	-2
Feb 23, 2024	-21	-18	-19	-3
Jan 26, 2024	-19	-21	-22	2
Oct 19, 2023	-30	-20	-21	-10
Sep 21, 2023	-21	-27	-25	6
Aug 24, 2023	-25	-29	-30	4
Jul 20, 2023	-30	-26	-24	-4
Jun 22, 2023	-24	-26	-27	2
May 18, 2023	-27	-27	-30
Apr 20, 2023	-30	-35	-36	5
Mar 24, 2023	-36	-36	-38
Feb 24, 2023	-38	-43	-45	5
Jan 20, 2023	-45	-40	-42	-5
Oct 20, 2022	-47	-52	-49	5
Sep 22, 2022	-49	-42	-44	-7
Aug 18, 2022	-44	-42	-41	-2
Jul 21, 2022	-41	-42	-41	1
Jun 23, 2022	-41	-40	-40	-1
May 19, 2022	-40	-39	-38	-1
Apr 22, 2022	-38	-33	-31	-5
Mar 25, 2022	-31	-30	-26	-1
Feb 25, 2022	-26	-18	-19	-8
Jan 21, 2022	-19	-15	-15	-4
Oct 21, 2021	-17	-16	-13	-1
Sep 23, 2021	-13	-8	-8	-5
Aug 19, 2021	-8	-7	-7	-1
Jul 22, 2021	-7	-8	-9	1
Jun 24, 2021	-9	-7	-9	-2
May 20, 2021	-9	-12	-15	3
Apr 22, 2021	-15	-12	-16	-3
Mar 19, 2021	-16	-20	-23	4
Feb 19, 2021	-23	-27	-28	4
Jan 22, 2021	-28	-29	-26	1
Oct 22, 2020	-31	-28	-30	-3
Sep 24, 2020	-25	-27	-27	2
Aug 20, 2020	-27	-25	-27	-2
Jul 23, 2020	-27	-26	-30	-1
May 21, 2020	-34	-42	-33	8
Apr 23, 2020	-34	-40	-34	6
Apr 05, 2020	-34	-30	-9	-4
Mar 30, 2020	-9	-15	-7	6
Feb 28, 2020	-7	-8	-9	1
Jan 31, 2020	-9	-9	-11
Oct 31, 2019	-14	-13	-12	-1
Sep 26, 2019	-12	-14	-14	2
Aug 29, 2019	-14	-12	-11	-2
Jul 30, 2019	-11	-13	-13	2
Jun 27, 2019	-13	-11	-10	-2
May 30, 2019	-10	-12	-13	2
Apr 29, 2019	-13	-12	-13	-1
Mar 29, 2019	-13	-14	-13	1
Feb 28, 2019	-13	-15	-14	2
Jan 31, 2019	-14	-15	-14	1
Oct 31, 2018	-10	-10	-9
Sep 27, 2018	-9	-8	-7	-1
Aug 30, 2018	-7	-10	-10	3
Jul 30, 2018	-10	-9	-9	-1
Jun 28, 2018	-9	-7	-7	-2
May 30, 2018	-7	-8	-9	1
Apr 26, 2018	-9	-7	-7	-2
Mar 28, 2018	-7	-10	-10	3
Feb 28, 2018	-10	-10	-9
Jan 31, 2018	-9	-13	-13	4
Oct 30, 2017	-10	-10	-9
Sep 28, 2017	-9	-11	-10	2
Aug 30, 2017	-10	-13	-12	3
Jul 27, 2017	-12	-11	-10	-1
Jun 29, 2017	-10	-7	-5	-3
May 30, 2017	-5	-8	-7	3
Apr 27, 2017	-7	-7	-6
Mar 30, 2017	-6	-7	-6	1
Feb 27, 2017	-6	-6	-5
Jan 31, 2017	-5	-8	-7	3
Oct 27, 2016	-3	-3	-1
Sep 29, 2016	-1	-5	-7	4
Aug 30, 2016	-7	-8	-12	1
Jul 28, 2016	-12	-8	-1	-4
Jun 29, 2016	-1	-2	-1	1
May 26, 2016	-1	-4	-3	3
Apr 28, 2016	-3	-1	0	-2
Mar 30, 2016	0	-1	0	1
Feb 26, 2016	0	3	4	-3
Jan 29, 2016	4	1	2	3
Oct 30, 2015	2	4	3	-2
Sep 29, 2015	3	6	7	-3
Aug 28, 2015	7	4	4	3
Jul 31, 2015	4	5	7	-1
Jun 30, 2015	7	2	1	5
May 29, 2015	1	4	4	-3