July 8th, 2009

Yet more positive news courtesy of Nationwide. Slowly but surely people seem to be poking their heads up from the parapet without fear of being shot down by bankruptcy or financial ruin. Well done us, that’s the spirit!

CONSUMER CONFIDENCE INCREASES

• Consumer Confidence rose by four points
to 58 in June.
• The Expectations Index increased by
eight points to 86.
• The Spending Index increased by one
point to 104.
• The Present Situation Index fell from 18
in May to 17 in June.

EXPECTATIONS FOR FUTURE ARE RISING…

• A third of people now believe that the
economic situation will be better than
today in six months time, with less than
a quarter (23%) thinking it will be worse.