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The cost of living in the U.S. rose in June, propelled by a rebound in fuel prices and sustained gains in rents that are driving inflation closer to the Federal Reserve’s goal.

Consumer confidence climbed last week to the highest level since October on more optimism about household finances, as steady job gains, low borrowing costs and a rally in financial markets overshadowed the uncertainty caused by Britain’s vote to leave the European Union.

Consumer comfort eased from a three-month high as Americans became a bit less upbeat about their finances, according to the weekly Bloomberg Consumer Comfort Index released June 30.

Consumer purchases moderated last month after the biggest advance since August 2009, as American households realigned outlays with slower income growth.

American consumers became slightly more downbeat at the end of June than earlier in the month on concerns about the economy’s progress even before possible repercussions stemming from the U.K.’s decision to leave the European Union.

Consumer spending climbed in April by the most in almost seven years, but consumer confidence unexpectedly fell in May to the lowest level in six months, according to two reports released May 31.

The cost of living in the U.S. climbed in April by the most in three years, an indication that inflation may be picking up toward the Federal Reserve’s goal.

Consumer confidence in the U.S. jumped in May to the highest level in almost a year, propelled by the strongest views on inflation-adjusted income gains in a decade.

Sales at retailers jumped in April by the most in a year, indicating consumer spending will help the U.S. economy recover from a slowdown earlier this year.