UK data - Gfk Consumer Confidence (August): -27 (vs. expected -25)

Gfk Consumer Confidence at -27 again, around its best since pre-Lockdown in March but not far from decade lows.

  • expected -25
  • prior -27

GfK comments:

  • "Circumspect consumers report they are more confident about their personal financial situation over the next year but the uptick from zero to +1 does not amount to much," Joe Staton, GfK's client strategy director, said. "This can change quickly when furlough ends and the inevitable redundancies start."

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