Slight rise in consumer confidence
Thursday 21st May, 2026
GfK reports a small two‑point rise in UK consumer confidence to -23 in May, but major-purchase confidence fell and lower‑ and middle‑income groups are cutting savings to cover costs amid ongoing price and interest‑rate uncertainty. This gives Wise a chance to speak about how cost pressures are changing how people use international money services — for example shifting priorities on big purchases, tapping savings, or needing cheaper ways to send and hold money across currencies in the UK and beyond.
1 Source:
Why have we flagged this?
GfK's small rise in consumer confidence with clear household pressure may drive conversations about remittance and spending patterns—Wise could share data on cross-border transfers, international spending and how customers are managing money abroad.
Get data story inspiration
Thinking...