The Latest Breaking News from GfK

The latest data from GfK shows that UK consumer sentiment has reached a two-year high, thanks to a reduction in inflation levels.

People’s confidence in the UK’s economic outlook improved towards the end of 2023, despite continuing to battle a cost-of-living crisis. Although it has strengthened over the year to December, “consumer sentiment” as this confidence is called, is still in negative territory.

Get ready for a boost in German consumer sentiment as we ring in the new year! GfK predicts a rise in economic optimism for 2022. Let the good vibes roll!

Halifax says no signs of spike in ‘forced sales’; eurozone heading for recession while UK avoids recession, surveys suggest

Industry experts report a massive boost in Quest and PSVR 2 headset sales in the week of Black Friday, as the discounted Quest 2 outsold the new Quest 3.

Rolling coverage of the latest economic and financial news, as strikes take place at Amazon’s Coventry warehouse, and at sites in Germany

GfK’s long-running Consumer Confidence Index rose by six points in November, although it still languishes firmly at minus 24.

Pound hits five-month low vs euro, shares slide in London, and UK 30-year borrowing costs hit 25-year high

GfK said accelerating costs of energy, fuel and mortgages combined with uncertainty in the Middle East is behind the fall.

Better-looking retail sales and consumer confidence numbers are published in same week BOE holds rates

Business activity shrinks at fastest pace since financial crisis excluding Covid months; some fixed five-year mortgage rates dip below 5%