The monthly study performed by Asda’s Income Tracker showed disposable income in June had risen, but there has not yet been a full economic recovery.

The retailer discovered that the average household was £1 better off in June compared to June 2013 and had discretionary income of £171 a week.

Although this is the ninth month in a row to show a rise, the rate of growth is still slower than the previous months.

Asda chief executive Andy Clarke said: “Over the past month families have not felt the same level of benefit in their household budgets that the positive headlines about economic recovery that we’ve seen in recent weeks would suggest.

“Whilst some regions continue to step on in their economic recovery – such as London and the Midlands – others such as the South West have actually seen a step back this quarter indicating that recovery still remains a postcode lottery.

“Although I know that for shoppers a pound a week extra in their pockets will still make a difference, we must recognise that there will need to be greater, prolonged consistency in our economic indicators before we can claim a full recovery.”