GfK’s latest Quarterly Energy Market Monitor reveals that more than half of British households that considered switching energy supplier – but didn’t – in the second quarter of the year, stayed because of a better deal.
Index rebounds to pre-Brexit levels last seen in June
After months of speculation about Apple’s much anticipated iPhone 7, the rumours around their intention to do away with the long-serving 3.5mm headphone jack were confirmed at Apple’s launch event in Cupertino, California.
Latest GfK-results of the gardening market for the first half of 2016.
GfK’s long-running Consumer Confidence Index has increased by five points this month to -7. All five measures used to calculate the Index saw increases.
International findings show top five countries most interested in each area of home improvement
GfK has appointed Imran Choudhary as Key Account Director, Technology. Imran brings a decade’s experience of consumer insight and client management to the role.
New connected consumers in emerging markets, especially rural China, continued to drive smartphone growth in 2Q16. Resilient mid-range to high-end sales mean GfK upgrades its 2016 smartphone market value forecast to USD 426 billion. No immediate impact in the UK from Brexit.
Sharpest monthly fall for more than 26 years – GfK’s long-running monthly Consumer Confidence Index dropped 11 points in July (since the June interviews conducted before the Referendum) from -1 to -12. The survey dates back to 1974 and July sees the sharpest month-by-month drop for more than 26 years (March 1990). This is also a further 3-point drop from the -9 recorded by the Brexit Special in early July. All five measures used to calculate the Index saw decreases this month.
Far from being light viewers, 18-24 year olds are voracious consumers of video content overall. 41 percent of their total viewing is spent using a laptop, whilst viewing on mobile devices is relatively insignificant. Traditional TV content and movies dominate their time spent viewing on a PC/laptop.
A review of volume performance shows that the total market is up over 12% and key areas of feeding and bathing have performed impressively. The growth within feeding appears to be driven primarily by baby bottles and bibs, of which the value growth has declined as has the average selling price illustrating the heavy reliance of retailers to sell as many units as possible.
Market-wide consumer confidence has fallen dramatically since the UK's referendum on EU membership. Optics product groups have previously proved resilient to economic uncertainty as witnessed by their robust performance over the 2008/09 UK recession; whether consumer confidence will return over the coming months, and/or to what extent optical product groups will be impacted over a period of likely low economic confidence, will be monitored by GfK on-going. Here we concentrate on performance in Q2 2016, right up to the moment this upheaval occurred.