Table of Contents
Key Findings
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- Confidence is at a post-recession high…
- …reflecting rising real wages and low unemployment
- Spending intentions are holding up well
- People are significantly more optimistic about the impact of Brexit
- But…how long can the good times last?
- Key economic indicators
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- Figure 1: Key economic indicators, June 2019
Consumers’ Response to the EU Referendum Result
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- What you need to know
- A dramatic improvement in Brexit-related sentiment
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- Figure 2: Overall level of concern over the impact of the EU referendum, July 2016-May 2019
- A fundamental shift in opinions, or just a temporary reprieve?
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- Figure 3: Consumer views on the impact of the EU referendum on the UK economy, May 2019
- More evidence of a divided nation
Current Financial Situation
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- What you need to know
- A third of people say that their financial situation is healthy
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- Figure 4: “How would you generally describe your financial situation at the moment?”, May 2019
- Sentiment hits a post-recession high…
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- Figure 5: The financial well-being index, January 2015-May 2019
- …but a demographic analysis shows that for some, austerity is still having an impact
Changes in Financial Situation
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- What you need to know
- Three in ten people say their finances have improved over the last year
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- Figure 6: “How would you describe your finances compared to a year ago?”, May 2019
- A reverse to the downward trend
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- Figure 7: Changes in household finances, January 2015-May 2019
- The link between improving household finances and employment status
Financial Confidence
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- What you need to know
- A new high for Mintel’s financial confidence index
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- Figure 8: “And how do you feel about your financial situation over the next year?”, May 2019
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- Figure 9: The financial confidence index, January 2015-May 2019
- Over-65s lead the way
Planned Financial and Spending Activity
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- What you need to know
- Both past and planned financial activity measures are holding up well…
- …reflecting “real world” retail sales figures
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- Figure 10: The financial activity index, January 2015-May 2019
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- Figure 11: “Thinking about how you spend your money, which of the following have you done over the last three months? And which do you plan to do over the next three months?”, May 2019
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