UK Consumer Sentiment - Latest Results
21 September 2021
Since October 2018 we’re been using our panel to track 3 key measures of consumer confidence:
The Index of Consumer Sentiment (ICS) measures overall confidence
The Index of Current Economic Conditions (ICC) measures how they feel right now
The Index of Consumer Expectations (ICE) measures how they feel about the future
During the pandemic we saw an enormous impact on how consumers were feeling. Although their confidence in their own finances bounced back quite quickly, it’s taken a long time for them to feel better about the wider economy.
From April to July 2021 we’ve now seen 2 quarters of steady growth, and with all 3 indices at pre-pandemic levels it’s safe to say that consumers are sending a signal that things are, financially at least, back to “normal”. Digging deeper, there are some important differences according to location, gender, and age…View our infographic below for the key findings.
Index of Consumer Sentiment: Two Rollercoaster Years
We began tracking consumer sentiment in 2018. Needless to say, it’s been through a lot since then, and this is a chance to dig in and analyse what’s going on in consumers’ minds.
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