Business and consumer confidence: Economic indicators

Economic indicators are quick-read summaries of the latest data focusing on different aspects of the UK economy. The full suite of indicators can be found on the main Economic Indicators page.

Confidence surveys, with information generally released ahead of official statistical data, can indicate changes to the economic outlook as well as turning points in the economic cycle.

ONS Business Insights and Conditions Survey

The ONS conducts a voluntary survey of businesses to look at the impact of challenges facing the economy.

In the two weeks ending 17 May 2026, 16.7% of respondents thought their business's performance would increase over the next 12 months. 16.8% thought it would decrease.

CBI Industrial Trends Survey

The CBI carries out monthly and quarterly Industrial Trends surveys.

In May 2026, more manufacturers thought that output would decrease over the next three months than thought it would increase (a difference of -13%). In April, the balance was -20%.

GfK Consumer Confidence Survey

GfK’s Consumer Confidence Index measures a range of consumer attitudes, including forward expectations of the general economic situation and households’ financial positions, and views on making major household purchases.

The index rose to -23 in May 2026, up by two points from April (which had been its lowest level since October 2023).

Next updates

This page is updated when new data is published. The next source updates will be:

• ONS, Business insights and impact on the UK economy, June 2026

• CBI, Industrial Trends, Mid-June 2026

• GfK, Consumer Confidence, 19 June 2026