UK Gfk Consumer Confidence was unchanged at -34 in April, hovering just 5 pts above historical low of -39 seen in July 2008.
Joe Staton, Client Strategy Director says: “Consumer Confidence has stayed steady at the minus -34 points recorded in our first COVID-19 flash of April 6th. It is too early to say whether this has now stabilised after weeks of adjustment to the reality of lockdown life, or whether further falls are to come…
“Overall, there is no guarantee yet that the fall in consumer confidence has ended, and we are only five points away from the record -39 low seen in July 2008.”
