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The index measuring changes in personal finances during the last year is up one point at -9, which is seven points higher than November 2023.
The forecast for personal finances over the next 12 months is up one point at -1, which is two points higher than this time last year.
The measure for the general economic situation of the country during the last 12 months is up three points at -39. This is 10 points higher than in November 2023.
Expectations for the general economic situation over the next 12 months are up two points at -26, which is the same as a year ago.
The Major Purchase Index is up five points to -16. This is eight points higher than this month last year.
Neil Bellamy, consumer insights director of GfK, said: “The biggest change this month is in major purchase intentions, an important measure that has jumped five points from -21 to -16 in the run-up to Black Friday next week.
"While 2025 is just around the corner and the New Year often brings optimism, it’s too early to expect significant further improvements in the consumer mood. As recent data shows, inflation has yet to be tamed, people are still feeling acute cost-of-living pressures, and it will take time for the UK’s new government to deliver on its promise of ‘change’.”
English (US) ·