Some 63% of respondents said that they felt negative about current levels of inflation, up 14 percentage points on the figure a year earlier in November 2016.
A further 66% felt negative about the country’s financial situation (up five percentage points), with 65% feeling the same way with regards to the housing market (up six).
Only 42% of homeowners and 25% of non-homeowners said they felt positive about the UK housing market.
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Despite 18- to 24-year-olds being significantly more negative about the country’s financial situation, data has shown that millennials expect average pay rises of up to 4.9% over the next 12 months.
When asked about their own job security, 79% of 18- to 24-year-olds said they felt positive about their prospects.
Robin Bulloch, managing director of Lloyds Bank, said: “Although inflation fears continue to concern consumers, it is positive to see that younger people seem more upbeat about their own job security and future earning potential.
“It remains to be seen whether predictions about their pay increasing will be accurate, but any rise in incomes will provide a welcome boost to the economy and help people with the rising cost of living.”
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