consumer confidenceconˌsumer ˈconfidence1ECONOMICSthe feeling that people have about the economic situation in a country, which is shown in how much money they are willing to spendConsumer confidence fell for a third month in a row in October amid fears over jobs and the economy.
2the feeling that people have that they can trust a particular type of product, or a companyConsumer confidence in food safety in the UK has been badly hit by a series of food scares.
→ confidence