This ad will be closed automatically in X seconds.

Consumer confidence dips in November

The British Retail Consortium’s (BRC) sentiment monitor showed consumer’s confidence fell to -19 in November.

November figures fell two points from October, showing that optimism in the economy remained relatively low throughout autumn following a slight improvement in July.

The survey also showed that in relation to their own finances, confidence improved to -3, up one point from October.

Personal spending on retail also saw a slight increase to +3 in November, from +2 in October.

Helen Dickinson, chief executive, BRC, commented: “There was little shift in consumer confidence since the Chancellor’s Budget, with many worried about the economy in the lead up to Christmas.

“While there was. a very slight improvement in people’s expectations of their personal financial situation, this was offset by declining expectations of the wider economy. The last month clearly did little to shift the dial for households either positively or negatively.”

MORE NEWS
Copy of Progressive Preschool featured image (7)
 
Spring Fair has launched a competition to win £1000 to spend at the February 2025 show....
Copy of Progressive Preschool featured image (5)
 
Rubies has launched a Skibidi Toilet range, inspired by the popular YouTube series created by Boom. ...
Copy of Progressive Preschool featured image (32)
 
Reports suggest that Party City is planning to file for bankruptcy within the next two weeks....
Copy of Progressive Preschool featured image (6)
 
2024 has been a challenging year for many in the party industry and will likely be looked back on as the new dawn of the industry after some major shifts. Partyworlwide.net looks back at some of the key moments. ...
Copy of Progressive Preschool featured image (32)
 
Bloomberg has reported that Party City is planning a second bankruptcy filing almost two years after it filed for one in the US....
Copy of Progressive Preschool featured image (77)
 
Anantara Palazzo Naiadi hotel has opted for sustainable Christmas decorations made by Gemar....
Get the latest news sent to your inbox
Subscribe to our daily newsletter