Consumer confidence climbs as optimism returns for households

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A new survey suggests confidence has improved, although many households remain cautious about their own finances. Analysts say future living costs and inflation will influence whether the recovery continues.

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00:01Consumer confidence has recorded its biggest monthly improvement for almost three years,

00:06according to the latest GFK survey. Researchers say optimism about the new government, hopes for

00:11stronger economic growth, England's World Cup run, and improving summer weather all help lift

00:16sentiment. Views of the wider economy strengthened more than expectations for personal finances,

00:23suggesting many households remain cautious about everyday costs. Analysts also warn that rising

00:29oil prices and uncertainty in the Middle East could increase inflation and put pressure on

00:34future living costs. They say lasting confidence will depend on sustained economic progress

00:39and delivering meaningful improvements for households.

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