Shopper sentiment improved by six points in the last two weeks in comparison with May, but remains low at -30, just four points above the initial April fall of -34 and down against a score of -13 this time last year.

People’s concerns about their personal finances over the last year abated slightly month on month, up one point to -9 according to GfK’s Consumer Confidence Index. Looking ahead to the next 12 months, sentiment improved six points to -4. 

Consumer confidence in the general economic situation also improved. GfK reported a one-point increase in sentiment for the past year to -59, although this marked a 27-point decline year on year from June 2019.