Consumer confidence inches up despite looming Brexit deadline

rainy shopping street

Consumer confidence increased marginally across all measures in September as shoppers delivered mixed results ahead of the October 31 Brexit deadline.

Overall consumer confidence increased two points month on month to -12 in September, although this was still down on the previous score for September 2018, according to the GfK Consumer Confidence Barometer.

While customer confidence in the general economy over the next 12 months was still distinctly negative, it actually jumped three percentage points in September to -35, which prompted GfK to wonder “are consumers keeping their fingers crossed in the run up to October 31st?”

Shopper confidence in their personal finances over the coming year jumped two points month on month to 4, compared to 5 in September 2018.

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