Young adult and well-off household consumer confidence sinks

young youth adult gen z grocery supermarket store phone shopper GettyImages-1396834809

GfK’s long-running index held firm at –23 in June as worries about the impact of the conflict in the Middle East on household bills and petrol and food prices continued to weigh on consumer sentiment

Consumer confidence remains resolutely in the doldrums as the optimism of young adults and higher-income households declined, according to a closely watched monthly survey.

Already have an account? Sign in here

Want access to this article?

Register for LIMITED access

REGISTER FOR FREE

Get PREMIUM access for £1 a week

SUBSCRIBE NOW