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ARTICLE · 20 OCTOBER 2016

The Deloitte Consumer Tracker Q3 2016

The latest Deloitte Consumer Tracker shows that UK consumers have shrugged off post- referendum pessimism, with consumer confidence returning to a five-year high in Q3 2016.

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Consumer confidence sees its largest increase in 18 months

The latest Deloitte Consumer Tracker shows that UK consumers have shrugged off post- referendum pessimism, with consumer confidence returning to a five-year high in Q3 2016. In a sign that Brexit fears have been put to one side Deloitte's consumer confidence index rose by three percentage points quarter-on-quarter, its largest increase in 18 months.

Five out of the six measures which make up the confidence index rose between the second and third quarters. There were strong gains in consumer confidence regarding job security, job opportunities and career progression. The job security index rose by six percentage points compared to the last quarter after having fallen for three consecutive quarters.

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