You are here:

House of Commons Library

Business and Consumer Confidence: Key Economic Indicators

Published Tuesday, July 31, 2018

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.

European Commission Economic Sentiment Indicator

The European Commission conducts regular harmonised surveys for different sectors of EU member states’ economies.

Between June and July, the overall UK sentiment index increased by 1.6 points to 108.5, the same level as in September 2017.

CBI Industrial Trends Survey

The CBI carries out monthly and quarterly Industrial Trends surveys. 

In July, more manufacturers thought that output would rise over the next three months than thought it would fall. The difference was +14% of manufacturers, down from +18% in June.

GfK NOP Consumer Confidence Survey

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 July, the overall consumer confidence index was -10, down by 1 from -9 in June.

Commons Briefing papers SN02817

Author: Philip Brien

Topics: Consumers, Economic situation, Manufacturing industries

Share this page

Stay up to date

  • Subscribe to RSS feed Subscribe to Email alerts Commons Briefing papers

House of Commons Library

The House of Commons Library provides research, analysis and information services for MPs and their staff.