UK consumer confidence improved in June as two measures were up during the month.

According to the latest GfK Consumer Confidence Index, overall figures increased by two points to -18 in June. Two measures were up and three measures were unchanged in comparison to last month’s announcement.

The Major Purchase Index, which includes big ticket items such as furniture, is unchanged at -16; this is seven points better than this month last year.

The measure for the general economic situation of the country during the last 12 months is up three points to -43; this is 11 points worse than in June 2024.

The index measuring changes in personal finances during the last year is unchanged at -7; this is three points better than June 2024.

The Savings Index has dropped a further point to +27 in June; this is five points better than this time last year.

Neil Bellamy, Consumer Insights Director at GfK, an NIQ Company, says: “Headline consumer confidence has improved marginally in June, rising two points to -18. This is driven by improvements in how consumers see the general economy, with scores up three points (looking at last year) and up by five points (looking at the next 12 months). Consumers have been resolute in their views on their wallets, with June’s personal financial situation scores (past and future) unchanged from May.

“Yet confidence is still fragile because the dark shadow of inflation is a day-to- day challenge for so many of us. With petrol prices set to rise in the coming weeks following the escalation of the conflict in the Middle East, and with ongoing uncertainty as to the full impact of tariffs, there is still much that could negatively impact consumers. With so much volatility, now is certainly not the time to hope for the proverbial ‘light at the end of the tunnel’.”