Consumer Confidence Index dips in Q4

Survey from Nielsen and the British Retail Consortium

  • Consumer Confidence Index at 71 points, down two points compared with Q3.
  • Biggest concerns over the next six months were the economy, increasing utility bills, job security and debt.
  • Switching to cheaper grocery brands continues to be an established strategy for staying within budget.
  • Retailers are increasingly focussing on ‘price’ as well as ‘value’.
  • Shoppers are spending more at discount retailers.
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