12 BDO LLP | RETAIL FORECASTS REPORT 2021
RETAIL CATEGORY GROWTH FORECASTS CONTINUED
CURRENT INDEX
CONSUMER CONFIDENCE Consumer sentiment plummeted in April as the pandemic caused fear and uncertainty about the future. It has subsequently improved as the pandemic was brought under some degree of control and the most stringent aspects of the original lockdown have been avoided. The prospect of a vaccine in 2021 should now see sentiment improving in Q4 and, barring any setbacks, we may see a return to the kind of levels recorded in late 2019/ early 2020.
-44.8
Change on last year -11.6 weakening
Change on last month -5.2 weakening
Future Sentiment Index As of October 2020
-26.8
-28.7
-31.9
-33.2
-35.5
-39.6
-37.7
-42.7
-44.1
-44.8
-45.3
-52.6
-55.6
Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20
Made with FlippingBook HTML5