đŹđ§ UK CONSUMER CONFIDENCE â JAN 2026 (GfK) đ
UK consumer sentiment continued its slow recovery at the start of 2026.
Latest Reading:
âą GfK Consumer Confidence: -16
âą Dec 2025: -17
âą Nov 2025: -19
âą Forecast: -16 (in line)
Key Takeaways:
âą 2025 ended as a âyear of no progressâ despite late-year improvements
âą Major Purchase Index at -11, signaling better big-ticket demand
âą Confidence far above 2022 lows (-49) but still below long-term avg (-10)
Generational Split:
âą Ages 16â29: Positive confidence
âą Ages 50â64: Still deeply cautious due to cost-of-living pressure
Why it matters:
Improving sentiment helps consumption, but confidence remains fragile, keeping UK growth and BoE policy expectations finely balanced.
đ Gradual recovery
â ïž Still not âhealthyâ confidence
#WEFDavos2026 #CPIWatch #USJobsData
