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B&A Research Shows Consumer Confidence Improves as Vaccine Roll-out Continues

B&A Research Shows Consumer Confidence Improves as Vaccine Roll-out Continues
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B&A Research Shows Consumer Confidence Dented by January Covid-19 Statistics

B&A Research Shows Consumer Confidence Dented by January Covid-19 Statistics February 12, 2021 Covid-19 infection rates and health related restrictions increased, according to the latest B&A Consumer Confidence Barometer. This latest wave of the B&A Consumer Confidence Barometer was conducted from 14th – 21st  January 2021.  Currently consumer confidence is at –52, reversing the improvement experienced during November, when it was at -46. The decline in consumer confidence is also reflected by a decline in consumer attitudes towards spending. These declines are hardly surprising however due to the increasing virus incidence and tightening of Covid-19 health related restrictions, which occurred during the fieldwork period.

U K consumer confidence increases in December

Resize icon Consumer confidence in the U.K. increased in December as prospects for the economic situation in the near future soared amid the start of the Covid-19 vaccination program in the country. The Consumer Confidence Barometer, compiled by German market-research company GfK, rose to minus 26 in December compared with the minus 33 reading registered the prior month. The indicator came in at a higher level than predicted by economists polled by The Wall Street Journal, who had expected a reading of minus 30. In December, the rise in confidence was driven by a surge in Britons assessment of the general economic situation over the next 12 months, which soared by 15 points. A positive change of such magnitude for that measure hadn t been registered since May 2011, the report said.

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