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Insider UK
Insider UK
Science
Peter A Walker

Scottish consumer confidence holds steady, but cost of living headwinds gather

Scottish consumer confidence remained steady at -11% in the fourth quarter of 2021, in line with the rest of the UK, which experienced a drop of 1% over the same period.

Overall personal expenditure in the final quarter increased for 45% of consumers in Scotland, up from 37% in the third quarter, according to the latest Deloitte Consumer Tracker. Of these, 68% revealed it was due to rising prices.

The tracker is based on a survey carried out online by YouGov with a nationally-representative sample of 3,177 UK adults. Overall consumer confidence is calculated as an aggregate of six individual measures: job security, job opportunities, household disposable income, level of debt, children’s education and welfare, general health and wellbeing.

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