04/23/2026 | Press release | Distributed by Public on 04/23/2026 04:31
London, April 24th, 2026 - GfK's long-running Consumer Confidence Index fell four points to -25 in April. Four measures were down and one was flat, compared to last month's announcement. These are the current findings of the GfK Consumer Confidence Barometer (CCB) powered by NIM. The CCB has been published jointly by GfK and the Nuremberg Institute for Market Decisions (NIM), the founder of GfK, since October 2023.
Neil Bellamy, Consumer Insights Director at GfK, an NIQ Company, says: "Consumers really do have the jitters now. The anxiety we saw last month has deepened with a four-point fall in April's consumer confidence headline score to -25. It is a year since we last saw a monthly drop of this size, and we have to go back to October 2023 to find the last time consumer confidence was lower. The biggest declines are in perceptions of the UK economy, with an eight-point slide in views on the economic picture over the last 12 months, and a six-point fall in the forward-looking measure to -43, its lowest level since February 2023. Consumers were arguably resilient about their personal finances in March, but this month's finance measures, looking back a year (-11) and looking forward (-4), have seen significant slides. Everyone is grappling with rapid price rises, especially at the fuel pumps, which are taking a dent out of household budgets, and people know further price hikes are coming. The only measure to go up is our savings index, often an indication that people are concerned about what lies ahead, so those who can are building contingency funds. Consumer confidence is deteriorating sharply, with fuel prices and threats of more energy price increases acting as constant reminders of inflation. While the Gulf crisis is intensifying pressures, much of the current strain reflects earlier domestic cost increases. How long can all this disruption and pain continue?"
GfK Consumer Confidence Barometer powered by NIM - UK Measures - April 2026
The Overall Index Score was down four points to -25 in April. Four measures were down and one was flat, compared to last month's announcement.
Personal Financial Situation
The index measuring changes in personal finances over the last 12 months has dropped four points to -11. This is one point worse than April 2025.
The forecast for personal finances over the next year is down five points to -4. This is one point lower than this time last year.
General Economic Situation
The measure for the country's general economic situation over the last 12 months has decreased by eight points to -51. This is four points less than a year ago.
Expectations for the general economic situation over the coming 12 months have fallen six points to -43. This is six points worse than April last year.
Major Purchase Index
The Major Purchase Index has stayed the same at -18, which is one point better than April last year.
Savings Index
The Savings Index has increased five points to 32; this is two points higher than this time last year. This measure is commented on but not included in the Overall Index Score.
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Personal Financial Situation (Q1/Q2) |
This index is based on the following questions to consumers: 'How has the financial situation of your household changed over the last 12 months?' 'How do you expect the financial position of your household to change over the next 12 months?' (a lot better - a little better - stay(ed) the same - a little worse - a lot worse) |
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General Economic Situation (Q3/Q4) |
This index is based on the following questions to consumers: 'How do you think the general economic situation in this country has changed over the last 12 months?' 'How do you expect the general economic situation in this country to develop over the next 12 months?' (a lot better - a little better - stay(ed) the same - a little worse - a lot worse) |
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Major Purchase Index (Q8) |
This index is based on the following question to consumers: 'In view of the general economic situation, do you think now is the right time for people to make major purchases such as furniture or electrical goods?' (right time - neither right nor wrong time - wrong time) |
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Savings Index (Q10) |
This index is based on the following question to consumers: 'In view of the general economic situation do you think now is?' (a very good time to save - a fairly good time to save - not a good time to save - a very bad time to save) (Commented on but not included in the Index Score) |
About the GfK Consumer Confidence Barometer powered by NIM
There is no other consumer research project with the longevity, rigor, and reliability of GfK's Consumer Confidence Barometer (CCB). Each month since January 1974, it has provided a snapshot of how UK consumers feel about the crucial economic topics today and their outlook for the next 12 months. It has provided insight into the UK's thinking through boom and bust, the Brexit vote, and most recently the coronavirus pandemic. The CCB data collected by GfK has been published jointly with the Nuremberg Institute for Market Decisions (NIM) since October 2023. NIM is the founder of GfK.
NielsenIQ (NYSE: NIQ) is a leading consumer intelligence company, delivering the most complete and trusted understanding of consumer buying behavior and revealing new pathways to growth. By combining an unmatched global data footprint and granular consumer and retail measurement with decades of AI modeling expertise, NIQ builds decision systems that help companies turn complex data into confident action.
With operations in more than 90 countries, NIQ covers approximately 82% of the world's population and more than $7.4 trillion in global consumer spend. Through cloud-based platforms, advanced analytics and AI-driven insights, NIQ delivers The Full View™-helping brands and retailers understand what consumers buy, why they buy it, and what to do next.
For more information, please visit https://www.niq.com.
For over 90 years, we have earned the trust of our clients around the world by solving critical questions in their decision-making process. We fuel their growth by providing a complete understanding of their consumers' buying behavior, and the dynamics impacting their markets, brands and media trends. In 2023, GfK combined with NIQ, bringing together two industry leaders with unparalleled global reach. With a holistic retail read and the most comprehensive consumer insights - delivered with advanced analytics through state-of-the-art platforms - GfK drives "Growth from Knowledge". For more information, visit nielseniq.com
The Nuremberg Institute for Market Decisions (NIM) is a non-profit research institute at the interface of academia and practice. NIM examines how consumer decisions change due to new technology, societal trends or the application of behavioral science, and what the resulting micro- and macroeconomic impacts are for the market and society as a whole. A better understanding of consumer decisions and their impacts helps society, businesses, politics, and consumers make better decisions with regard to "prosperity for all" in the sense of the social-ecological market system. The Nuremberg Institute for Market Decisions is the founder of GfK. For more information, visit https://www.nim.org/en and LinkedIn.
This press release includes forward-looking statements that reflect NIQ's current expectations and projections about future market trends and consumer behavior. These statements are based on available information and reasonable assumptions but are subject to risks and uncertainties that could cause actual results to differ. NIQ does not undertake to update these statements, except as required by law.
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Marketing, GfK
Anna Paszek-Weglarz
7/F Blue Fin Building
110 Southwark Street London SE1 0SU [email protected]