Business and Consumer Confidence: Information on business and consumer confidence surveys, which is generally released ahead of official statistical data and can indicate changes to the economic outlook as well as turning points in the economic cycle.Jump to full report >>
Confidence surveys, with information generally released ahead of official statistical data, can indicate changes to the economic outlook as well as turning points in the economic cycle.
The European Commission conducts regular harmonised surveys for different sectors of EU member states’ economies.
Between January and February, the overall UK sentiment index decreased by 4.5 points to 99.2, its lowest level since June 2013.
The CBI carries out monthly and quarterly Industrial Trends surveys.
In February, more manufacturers thought that output would rise over the next three months than thought it would fall. The difference was +8% of manufacturers, down from +14% in January.
GfK NOP’s Consumer Confidence Index measures a range of consumer attitudes, including forward expectations of the general economic situation and households’ financial positions, and views on making major household purchases.
In February, the overall consumer confidence index was -13, up one point from January to the same level as in November 2018.
Commons Briefing papers SN02817
Author: Philip Brien