GfK's UK consumer confidence index rose to -14 in August, its highest since Aug 2024, aided by continued good weather and a new prime minister's "Burnham effect." The index had climbed 6 pts in July under the same influences. GfK head of consumer insights Neil Bellamy warned the uptick may be short-lived as resurgent inf and persistent Middle East and other geopolitical risks will test household resilience.

2026-08-21

GfK's UK consumer confidence index rose to -14 in August, its highest since Aug 2024, aided by continued good weather and a new prime minister's "Burnham effect." The index had climbed 6 pts in July under the same influences. GfK head of consumer insights Neil Bellamy warned the uptick may be short-lived as resurgent inf and persistent Middle East and other geopolitical risks will test household resilience.