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Evening Standard
Evening Standard
Business
Josie Clarke

Consumer confidence sees six-point ‘Burnham bounce’

The Major Purchase Index, an indicator of confidence in buying big ticket items, also saw an eight-point increase to minus 12, three points higher than July last year (Alamy/PA) -

Consumer confidence has seen a significant six-point “Burnham bounce” – the largest increase since November 2023.

GfK said the heatwaves, football success and a new Prime Minister appeared to have “lifted the mood”, albeit the headline figure remaining firmly in negative territory at minus 17.

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