Post-Budget consumer confidence rises in golden quarter boost

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Consumer confidence rose three points in November A leading confidence survey has found that consumer sentiment rose in November, which will come as a relief to businesses dependent on a good golden ...

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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPost-Budget consumer confidence rises in golden quarter boost\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-22 14:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cityam.com/consumer-confidence-rises-post-budget-in-relief-for-retailers/><strong>cityam</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Consumer confidence rose three points in November A leading confidence survey has found that consumer sentiment rose in November, which will come as a relief to businesses dependent on a good golden ...</p>\n\n<a href=\"https://www.cityam.com/consumer-confidence-rises-post-budget-in-relief-for-retailers/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4212","symbol_name":"包装食品与肉类","start_time":0,"source_url":"https://www.cityam.com/consumer-confidence-rises-post-budget-in-relief-for-retailers/","article_id":"2485828147","we_media_id":null,"thumbnails":["https://www.cityam.com/wp-content/uploads/2024/11/consumers-confidence-57ed4ccb92491-57ed4ccba647e.webp?w=824&h=463&crop=1"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2485828147","pubTimestamp":1732255200,"sourceInfo":{"source_id":"cityam_highlight","name":"cityam"},"weMediaInfo":null,"summary":"Consumer confidence rose three points in November A leading confidence survey has found that consumer sentiment rose in November, which will come as a relief to businesses dependent on a good golden quarter to boost margins ahead of tax rises next year.All five measures of confidence rose, although major purchase intentions led the pack with a five-point jump. “There was evidence of nervousness in recent months as consumers contemplated the potentially worrying impact of the UK Budget at home, and even the implications of the US presidential election,” Neil Bellamy, consumer insights director at GfK, said.“But we have moved past those events now. The biggest change this month is in major purchase intentions, an important measure that has jumped five points from -16 to -21 in the run-up to Black Friday next week,” he added.The data will therefore be a relief for retailers who have been concerned about squeezed margins as costs are set to rise next year.","collect":0,"end_time":0,"defaultTopTitle":"cityam.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4212":"包装食品与肉类","POST":"Post Holdings"},"translate_title":"预算后消费者信心在黄金季度提振中上升","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"POST":1},"content_text":"Consumer confidence rose three points in November A leading confidence survey has found that consumer sentiment rose in November, which will come as a relief to businesses dependent on a good golden quarter to boost margins ahead of tax rises next year.All five measures of confidence rose, although major purchase intentions led the pack with a five-point jump. “There was evidence of nervousness in recent months as consumers contemplated the potentially worrying impact of the UK Budget at home, and even the implications of the US presidential election,” Neil Bellamy, consumer insights director at GfK, said.“But we have moved past those events now. The biggest change this month is in major purchase intentions, an important measure that has jumped five points from -16 to -21 in the run-up to Black Friday next week,” he added.\n\nBlack Friday will be the first test of consumer confidence during the all-important golden quarter.Barclaycard expect spending in the UK to be 3.6 per cent higher year on year on Black Friday, while Vouchercodes expect the figure to rise 5.6 per cent to £3.18bn. Fall in savings index is a positive signThe savings index decreased three points to +24, five points lower than this time last year in a good sign that wallets are loosening and people are more willing to spend on goods.Consumer spending is closely linked to consumer confidence – the happier people feel about the stability of their income, the more likely they are to maintain or increase spending.\n\nThe data will therefore be a relief for retailers who have been concerned about squeezed margins as costs are set to rise next year.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2485828147"}