(Alliance News) - There was a marginal improvement in UK consumer confidence in March, amid a "fragile" outlook for the year ahead, figures show.
GfK's long-running consumer confidence index increased by one point to minus 19, with expectations for the general economic situation over the next 12 months improving by two points to minus 29 – six points lower than a year ago.
Expectations for personal finances over the next 12 months fell by one point to positive 1, while the major purchase index, a measure of confidence in buying big ticket items, remained unchanged at minus 17, 10 points better than last March.
Neil Bellamy, consumer insights director at NIQ GfK, said: "Consumer confidence remains subdued with a headline score of minus 19 for March.
"If consumer confidence were a patient languishing in a hospital bed, a doctor would say there is little evidence of a recovery as yet. Where do we go from here?
"The current stability is to be welcomed but it won't take much to upset the fragile consumer mood."
source: PA
Copyright 2025 Alliance News Ltd. All Rights Reserved.