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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
United KingdomUnited Kingdom Consumer Confidence climbed to -23.0% in May 2026
FMPMonthlyReleased May 2026
United Kingdom Consumer Confidence climbed to -23.0% in May 2026, up 2.0% from April's -25.0% reading. The print exceeded the -28.0% consensus by 5.0%. The print is running well below the 12-month average of -19.5%. The reading is in the 13th percentile of the trailing 24-month range.
Latest Release
-23
Actual
-28
Consensus
-25
Previous
Median Absolute Error
±2 percentage points
across last 12 releases
Last Call
May 2026
Predicted: -28
Actual: -23
Error: -5
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| FTSE 100 | ▲ Direct | +0.77 | INDEX | Bullish FTSE 100 | → View |
| Euro STOXX 50 | ▲ Direct | +0.68 | INDEX | Bullish Euro STOXX 50 | → View |
| GBP/JPY | ▲ Direct | +0.59 | FOREX | Bullish GBP | → View |
| EUR/GBP | ▼ Inverse | −0.51 | FOREX | Bearish EUR | → View |
| GBP/USD | ▲ Direct | +0.50 | FOREX | Bullish GBP | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Consumer Confidence (United Kingdom) was reported at -23% in May 2026. This beat the market consensus of -28% by 5%. The reading rose from the previous value of -25%. Trailing 12-month context per ETL data through May 2026. Over the past 12 months, the indicator has averaged -18.9%, ranging from -23% to -17% across 10 releases. This is classified as a medium-impact indicator released on a monthly basis.
WHY IT MATTERS
The indicator has been trending downward over the last three releases. The trailing three releases averaged -21%, down from the prior three at -17.67%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with FTSE 100 (Bullish FTSE 100). A secondary relationship exists with Euro STOXX 50, positively correlated (Bullish Euro STOXX 50). Over the last 12 releases, the Sigmacast model's median absolute error is 2%.
WHAT TO WATCH NEXT
The next release is scheduled for June 18, 2026. Same-country events in the next 14 days include Inflation Rate MoM (Jun 17) and Core Inflation Rate YoY (Jun 17).
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
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Consumer Confidence - UK
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About Consumer Confidence — United Kingdom
DEFINITION
Index The Consumer Confidence Index is a widely recognized financial indicator that measures the level of optimism or pessimism among consumers regarding the state of the economy. It is based on surveys and data collected from a representative sample of households, and is used by economists and investors to gauge consumer spending patterns and overall economic health. A higher index value indicates a positive outlook, while a lower value suggests a more negative sentiment. This index is a valuable tool for businesses and policymakers in making informed decisions and predicting future economic trends.
WHY THIS INDICATOR MATTERS
Sentiment surveys are forward-looking inputs that often lead hard data on output and hiring. Sharp swings can drive cross-asset repricing. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (May 2026): actual -23 %, consensus -28 %. Prior reading (Apr 2026): -25 %. Before that (Mar 2026): -21 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with FTSE 100 (Bullish FTSE 100, r=0.77) — a useful reference for index-focused traders.