According to data from the GfK Consumer Satisfaction Index, satisfaction actually improved over the Christmas period, raising from -7 to -5. This defies many analysts who believed the figure would in fact drop to -8. Barclays bank however, noted that the index doesn’t take into account any impact that Theresa May’s recent comments on Brexit as well as Donald Trump’s executive orders. Also, the rise in inflation has not yet had its impact on the consumer fully realised either, so these factors will most likely affect the index score in the coming months. Barclays also suggested, “households are ill prepared to face a squeeze in real pay given savings are near record lows and nominal wage growth has been disappointing so far”.