United Kingdom: GfK consumer climate indicators 2014-2015
The economic expectation has been at an average of 19.5 indicator points since January 2015. There has not been a clear trend in the economic expectation since April 2015, instead it has been alternating between a rise and a drop from month to month. The economic expectation lies at 12.6 indicator points as of October 2015, having dropped 9.6 indicator points since January 2015.
The Income expectation has been steadily recovering since a considerable drop from 16.6 to 1.5 indicator points from April 2015 to May 2015. The income expectation now stand at 15.6 indicator points, which is 5.0 indicator points higher than the beginning of the year.
The Willingness-to-buy indicator has been somewhat volatile since January 2015, but has all in all seen a positive development throughout the year. The average for 2015 so far has been 9.1 indicator points, starting with 1.6 indicator points in January and finishing with 11.1 indicator points in October 2015.
These findings are extracts from the “GfK Consumer Climate MAXX survey”, which is based on around 2,000 consumer interviews conducted each month (on a representative sample of the United Kingdom's population) on behalf of the European Commission. The report contains charts, forecasts and a detailed commentary regarding the indicators. In addition, the report includes information on proposed consumer spending in 20 different areas of the consumer goods and services markets. The GfK Consumer Climate survey has been conducted since 1980.