LONDON, Feb 10 (Reuters) – British households’ expectations for their personal finances over the next 12 months recorded a record jump in January as wholesale gas prices fell, according to a monthly survey by market research company YouGov and economics consultancy Cebr.
The overall YouGov/Cebr consumer confidence index rose by 2.4 points to 98.3, while the component for expectations of household finances over the next 12 months rose by 10.5 points to 67.4, the biggest monthly increase since the survey started more than a decade ago.
“Falling natural gas prices have helped to brighten the outlook for household finances … though households will still see energy costs increase between April and June this year,” Cebr director Kay Neufeld said.