Information

Scottish Consumer Sentiment Indicator: 2022 Quarter 1

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.

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Main findings

  • In Q1 2022, the Scottish Consumer Sentiment Indicator stood at 0.6.
  • Compared to Q4 2021, the overall (composite) indicator decreased by 4.4 points, implying a weakening in sentiment over the period.
  • The composite index remains significantly improved from the series lows recorded in 2020. However, the ongoing economic and financial challenges that are being faced by households have intensified over the first quarter of 2022 and the composite index as a result has fallen.

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 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

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