UK consumers stoical over economy
Friday 29th May 2009, 12:02AM BST.
Despite the fear of further job losses and the prospect of a swine flu pandemic, British consumer sentiment held firm in May.
The latest consumer confidence barometer from GfK NOP is on minus 27, down from last month but two points up from this time last year.
Confidence in personal finances rose two points to minus one, again higher than last year, while overall economic expectations for the coming 12 months dropped one point.
Rachael Joy of GfK NOP accepted that this month’s barometer was “very low historically”.
“But [it] is at least standing firm in the face of continuing depressed markets and May’s warnings of a possible pandemic,” she explained.
“Worries about job losses and harder times are still very much alive – recent GfK NOP research shows that a quarter of the UK are concerned they may lose their job, and nearly half said they have concerns about maintaining their lifestyle – but the UK appears to be stoical about the continuing economic situation.”
Shropshire Star on Twitter
Keep updated with the latest breaking news and content on our Twitter feed.
Lifestyle
Interactive Dining Out map
Hundreds of reviews by the Shropshire Star and Express & Star's teams to help you decide where to eat.
Entertainment
All the film reviews
Before you plan a trip to the pictures, get our critics' verdicts on all the latest movie releases.
OUR NEW APP
Get the new Shropshire Star app
Download the Shropshire Star’s new app to your iPad or iPhone to get one week of access to our digital newspapers absolutely FREE.
shropshirestar.com
Popular sections
Useful links
