Business and Consumer Confidence: Information on business and consumer confidence surveys, which is generally released ahead of official statistical data and can indicate changes to the economic outlook as well as turning points in the economic cycle.Jump to full report >>
Confidence surveys, with information generally released ahead of official statistical data, can indicate changes to the economic outlook as well as turning points in the economic cycle.
The European Commission conducts regular harmonised surveys for different sectors of EU member states’ economies.
Between April and May 2016, the overall UK sentiment index increased by 1.3 points to 105.7, 7.3 points lower than a year earlier. The Eurozone index was up 0.9 points over the year to 104.7.
The CBI carries out monthly and quarterly Industrial Trends surveys.
In May 2016, more manufacturers thought that output would rise over the next three months than thought it would fall. The difference was +20, up on April’s figure of +17 but down on March’s +23.
The overall consumer confidence index was -1 in May 2016, up 2 points on the previous month and down 2 on the year before. This is the second consecutive month that the index has been negative.
Commons Briefing papers SN02817
Author: Lorna Booth