Almost one fifth (18%) of people felt positive about the economy in August, showing a sharp increase from just over one in 10 (11%) in January. The proportion of people feeling negative about the economy fell to 31%, showing the lowest levels since research began. These findings helped Lloyds’ overall consumer sentiment index to rise to an all-time high of 115 points in August, marking a 10 point increase since the start of the year. Patrick Foley, chief economist at Lloyds Bank, said the findings were “very (visit) encouraging”.
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