Publication - Statistics

Scottish consumer sentiment indicator: 2021 Quarter 1

Published: 2 Jun 2021
Directorate:
Chief Economist Directorate
Part of:
Economy

The latest results for consumer sentiment in Scotland based on a quarterly survey of households’ current sentiment and future expectations of economic performance, household finances and attitudes to spending.

Published:
2 Jun 2021
Scottish consumer sentiment indicator: 2021 Quarter 1

Main findings

In Q1 2021, the Scottish Consumer Sentiment Indicator stood at -13.5. Compared to Q4 2020, the overall (composite) indicator increased by 8.1 points, implying a strengthening in sentiment over the period. The negative value continues to reflect the significant economic and financial challenges faced by households during the pandemic, however the increase over the quarter, in part, reflects positive and improved expectations for the next 12 months.

Important information about this release

The Scottish Consumer Sentiment Indicator is a composite measure of consumer sentiment in Scotland based on a quarterly survey of households’ current sentiment and future expectations of: Scottish economic performance, security of households’ financial position, and attitudes to spending money.

The Scottish Consumer Sentiment Indicator is an experimental statistical release. It remains in development and we are gathering views on the content, style and presentation. The latest survey for Q1 2021 was conducted between 6 January and 29 March 2021. The indicator represents the balance of respondents who report that consumer sentiment is positive/negative.

Further results and information about the statistics can be found in the dowloads below.

Contact

email: economic.statistics@gov.scot