Consumers and the Economic Outlook: Quarterly Update - UK - May 2016
“Mintel’s consumer confidence data shows that the economy only has, at best, an indirect impact on sentiment. When the UK economy was outperforming most of its peers, many people were still pretty wary. However, in 2016 sentiment has continued to trend upwards, despite disappointing growth in the economy as a whole. April’s figures dipped slightly, but people are still more positive than there were for most of 2015.
What’s really interesting is the potential impact of the EU Referendum. Looking back at Mintel’s data around the time of the Scottish Independence Referendum and, later, around the General Election, Mintel’s data suggests that the uncertainty associated with these events has the potential to undermine confidence, but that sentiment strongly rebounds when the uncertainty is resolved. A “remain” vote could well boost confidence, even if there is no underlying improvement in the consumer economy.”
– Toby Clark, Director of Research, EMEA
This report discusses the following key topic:
- Sentiment is still trending upwards…but there was an April wobble
- Possibility of a post-referendum bounce?
- Key economic indicators
What you get
This market report provides in-depth analysis and insight supported by a range of data. At the same time, introductory and top-level content is provided to give you an overview of the issues covered.
Mintel provides a range of market information, frequently through the category level, including market size and forecasting, complete with market drivers that illustrate the forces that shape a category or market.
Mintel's proprietary consumer research provides our analysts with the attitudinal and behavioral data used to provide valuable insight to topical issues.
Mintel provides overviews of the top brands and manufacturers, and uses consumer research to explore attitudes and reactions to brands, as well as insight into what will resonate with consumers.
Market reports provide appendices of data to support the research and insight produced. Our tables of data are easily manipulated and downloadable to support your research needs and covers factors from consumer attitudes to market forecasts.
* This is a sample representation of the report layout and does not reflect the research included in this report.
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