Consumer confidence at highest level since 1990s, says GFK

The research company reports an increase in confidence of six points on its UK Consumer Confidence Index.
Publish date:
Social count:

Consumer confidence is at its highest level since the late 1990s, according to the latest results from research company GFK.

The company has cited an increase in confidence of six points to +7 in June this year on its UK Consumer Confidence Index.

According to head of marketing dynamics at GFK, Joe Staton, the rise takes the overall index scores to levels “not seen since the late nineties or early days of the noughties.”

The Index has revealed that consumers are also feeling confident about making major purchases, such as electricals and furniture, while the number of shoppers who agreed that “now is a good time for people to make major purchases” jumped 14 points.

Crucially, the report suggests that financial optimism for both consumers and the general economy registered at higher levels than previously seen, in what Staton described as a “post-election bounce.”

“Not everyone agrees with the outcome of the election, but it represents a period of stability and a clear plan going forward,” he said.

“It is also a time when people recalibrate and look at their own finances as well as the general economy.”


Featured Jobs

Vivid Job Logo 620 x 349

Digital Marketing Executive - Toys & Games

Vivid is Britain’s biggest toy company and the 20 largest in the world. With offices across the globe, they sell an amazing portfolio of toys and games to over 60 countries. Vivid is best known for its association with blockbuster brands and is very excited about future opportunities around the world.


UK Sales Agents

Liberty House Toys have been appointed as the exclusive UK distributor for the BiOBUDDi brand, and we are pleased to introduce this new unique, innovative and exciting range of 100% environmentally-friendly toy building blocks. We are seeking experienced sales agents with existing network in the toy retail market.

Gameplan Job Logo 620 x 349

Head of Product Development & Marketing

Our client is a privately owned French toy and games manufacturer which sells through distributors in forty countries. The company develops and sells innovative electronic interactive toys and games for the educational and gaming markets, and also takes suitable licenses. To progress its successful business development a Head of Product Development & Marketing is to to recruited.

HIT Entertainment Job Logo 620 x 349

Licensing Systems Administrator

The Contract System Coordinator is a newly created role to support the deal term entry process into Mattel’s new Contract Management System for its Licensing business. The role will support the Business Teams at the Deal & Amendment phase of the contracting process and act in conjunction with the System Administration team.