In the past Blogs I have been updating you on the Global Consumer Sentiment as affected by the COVID-19 based on the research done by McKinsey & Co. I will focus on how this consumer sentiment is evolving in France, Germany, Italy and UK. As can be seen below UK seems to be the only country registering a more positive expectation from its consumers of an eventual economic recovery. On the other hand all consumers in all countries have shifted consumption online, with almost all declaring (except Germany) that they intend to visit shopping malls for non-grocery shopping less than before.
At EMCS (www.emcs.com.mt) have been producing, for a number of years, a detailed Consumer Confidence report based on continuous surveying of consumers in Malta. Feel free to drop me an email on email@example.com to learn more on our Consumer Confidence Index in Malta.