Overview
- GfK’s monthly Consumer Confidence Index for June held at -23, a result published Thursday that GfK warned masks deeper weakness under the surface.
- People aged 16 to 29 saw confidence fall 11 points to -2, the lowest reading for that group in two years and a clear shift in a cohort that has been comparatively upbeat.
- No demographic group posted a positive score in June, with higher‑income households earning £50,000 or more slipping back into negative territory.
- Assessments of personal finances over the past 12 months dropped to -10 while expectations for the year ahead stayed at -2, and intentions to make major purchases remained at a joint-low of -20 since January 2025.
- The survey is a long-running sentiment gauge based on 2,003 responses collected between May 29 and June 10, and the weakness in subgroup readings raises the risk that retail demand and broader growth will remain subdued if political or economic uncertainty intensifies.