consumer confidence

Britons have also become more optimistic about the economy

The increase is due to government stimulus measures and easing oil prices

Household expenditure adjusted for inflation dropped 3.3% in June, compared to a year earlier

Elevated petrol and food prices likely weighed on US households

The country’s economy grew 0.6% in the second quarter

Consumers overall more optimistic about macroeconomic environment but stay cautious on personal finances

Britain’s economy outlook for the next 12 months was the most optimistic since October 2024

The outlook on Australia’s economy remains gloomy

Consumer confidence index rose to 91.2 this month from a downwardly revised 90.6 in May