244
Fashion Jobs
H&M
Visual Merchandiser Manager- Newmarket
Permanent · AUCKLAND
L'OREAL GROUP
Operations & Transport Manager
Permanent · AUCKLAND
ABBOTT
Tpm Contract Manufacturing Manager
Permanent · AUCKLAND
ESSILORLUXOTTICA GROUP
Optometrist - Opsm Rotorua
Permanent · ROTORUA
DANGERFIELD
Online Coordinator
Permanent · AUCKLAND
PUMA
Key Account Manager nz
Permanent · AUCKLAND
L'OREAL GROUP
Key Account Manager
Permanent · AUCKLAND
PETER ALEXANDER
Part Time - Sales Assistant - Peter Alexander nz - Queenstown
Permanent · QUEENSTOWN
FOOT LOCKER
Sales Associate Casual
Permanent · LOWER HUTT
ESSILORLUXOTTICA GROUP
Retail Associate | Sunglass Hut Manukau
Permanent · AUCKLAND
ESSILORLUXOTTICA GROUP
Retail Associate | Sunglass Hut Dunedin
Permanent · DUNEDIN
ESSILORLUXOTTICA GROUP
Retail Associate | Opsm Rangiora Eyecare
Permanent · CANTERBURY
PETER ALEXANDER
2 x Casual - Sales Assistant - Peter Alexander nz - MT Maunganui
Permanent · AUCKLAND
PETER ALEXANDER
2 x Part Time - Sales Assistant - Peter Alexander nz - MT Maunganui
Permanent · AUCKLAND
LULULEMON
Assistant Manager | Christchurch (Tuesday - Saturday Rotation)
Permanent · CHRISTCHURCH
ICEBREAKER
Icebreaker : Sales Associate, Casual - Wellington Airport Touchlab
Permanent · WELLINGTON
DFS
Personal Shopper
Permanent · AUCKLAND
H&M
Department Manager- Chartwell (Hamilton)
Permanent · HAMILTON
H&M
Store Manager Wellington
Permanent · WELLINGTON
H&M
Sales Advisor- 28h
Permanent · AUCKLAND
H&M
Assistant Store Manager- Sylvia Park
Permanent · AUCKLAND
H&M
Department Manager- Sylvia Park
Permanent · AUCKLAND
Published
Jul 22, 2022
Reading time
2 minutes
Download
Download the article
Print
Text size

UK consumer confidence remains “severely depressed” in July says GfK

Published
Jul 22, 2022

Can UK consumer confidence get any worse? Not at the moment, it seems, as the long-running GfK Index took a breather this month, remaining flat with at a reading of -41.


Photo: Pexels



But for “flat” read still “severely depressed” as the cost-of-living crisis is still a red-hot issue for consumers, the data and intelligence provider to the consumer goods industry noted.

Joe Staton, Client Strategy Director for GfK said: “Consumer confidence remains severely depressed this month as the impact of soaring food and fuel prices and rising interest rates continues to darken the financial mood of the nation.”

Of the wider five-point index, two measures were up, one was down and two were the same in comparison to the 24 June announcement.

The index measuring changes in personal finances over the last 12 months stayed the same at -23, still 22 points worse than July 2021. And the forecast for personal finances over the next 12 months is up two points at -26, some 37 points lower than this time last year.

The measure for the general economic situation of the country during the last 12 months is down one point at -66, some 23 points lower than last July. Meanwhile, expectations for the general economic situation over the coming 12 months have stayed the same at -57; this is 52 points lower than 12 months ago.

The important Major Purchase Index increased by one point in July to -34, still 36 points lower than this month last year.

And the Savings Index is up four points this month at +13; this is seven points lower than this time last year.

Staton added: “Despite a two-point uptick in our hopes for our personal financial situation for the next 12 months, which might reflect optimism over imminent change at the top of the UK government, the overall index languishes at a historic low amid acute concerns for the general economic situation. 

“Against this financial backdrop, the UK electorate is looking for a new leadership with a commitment to unleashing growth, tackling inflation and cutting taxation. The successful candidate will need to deliver a much-needed shot in the economic arm of the country if they are to help improve consumer confidence.”   

Copyright © 2024 FashionNetwork.com All rights reserved.