How is the Nationwide Consumer Confidence Index different from the GfK Consumer Barometer?
Both measures are based on five questions. However, all five of the NCCI questions are about how people currently feel and how they think things will change in the next 6 months. The GfK questions relate to how things are thought to have changed over the last 12 months and how they might change over the next 12 months. The NCCI therefore more accurately reflects consumer sentiment now and in the immediate future. As it reports every month, the NCCI also measures change over time.
