KUALA LUMPUR, July 27 -- Malaysians in a survey are now less pessimistic about their household financial situation, when compared against March and April - which was shortly after the US-Iran conflict or crisis began.

Consumer research company Rakuten Insight, which has been tracking Malaysian consumer sentiment through an online survey called the Malaysia Cost Pressure Pulse (MCPP), said its latest survey showed Malaysian consumer sentiment recovering sharply in July, when compared to survey results in April.

"The share of Malaysians expecting their household financial situation to worsen over the next three months collapsed from 57.4 per cent to 39.8 per cent - a 17.6 percentage point swing, the single largest wave-on-wave movement re...