After months of steady improvement, consumer confidence fell from 100.4 to 99.4 (-1) in March 2023, according to the latest analysis from YouGov and the Centre for Economics and Business Research (Cebr).
YouGov collects consumer confidence data every day, conducting over 6,000 interviews a month. Respondents answer questions about household finances, property prices, job security, and business activity, both over the past 30 days and looking ahead to the next 12 months.
Almost every measure we track dropped in March, with the happy exception of those forward-looking household financial situations. Scores for household finances in the past 30 days increased from 68.4 to 69.6 (+1.2) – the fifth successive month of improvements – while those for the next 12 months rose for the seventh month running, jumping from 68.1 to 70.9 (+2.8).
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