After reaching a six-month low in November, consumer confidence climbed this month as the UK entered the festive season.
The GfK Consumer Confidence Index rose by seven points to -23 in December, indicating that recovery could be on the cards.
All five measures rose compared with November as news of the Covid-19 vaccine boosted consumer sentiment for the near future.
The survey found that consumers were particularly optimistic about the general economic situation over the next 12 months, rising by 15 points to -35 as they eye a brighter 2021.
Please sign in now if you have a subscription or are already registered with us.
Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.
Register today for a taste of our high-quality intelligence and enjoy:
Discover Retail Week register now
Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.