Consumer confidence bounces back in April 2024
Christien Pheby - May 31st, 2024
- Overall index improves (+1.9) after declining last month
- Increases in short-term financial confidence (+2.9) as well as in outlook (+4.4)
- Perceptions of job security among workers improves for retrospective (+0.6) and forward-looking metrics (+4.1)
- Mixed bag for business activity, with improvements in outlook (+2.8) but declines over past 30 days (-1.1)
Consumer confidence rose in April, according to the latest data from YouGov and the Centre for Economics and Business Research (Cebr). The index increased from 107.0 to 108.9 (+1.9) – suggesting a bounce-back following the -0.8 decline of March 2024.