Business NewsUK Statistics
Statistical bulletin: Consumer Trends, Q2 2012
Released: 27 September 2012 Download PDF
Contents
- In Q2 2012, the volume measure of household spending (adjusted for inflation) fell by 0.2 per cent (£527 million), the first contraction since Q3 2011.
- Summary of Household Expenditure Q2 2012
- Trends in Household Expenditure
- Household Spending Per Head
- Spending by Product
- Focus on Prices in Household Expenditure
- Focus on Alcohol and Tobacco
- Revisions
- Background notes
- Statistical contacts
- The volume measure provides an estimate of the amount of goods and services purchased by households. In Q2 2012 it was 5.5 per cent below the peak of Q4 2007, and 1.2 per cent higher than Q2 2009.
- The value of current price household spending (inflation included) shows how much UK households spent. In Q2 2012 it increased by 0.7 per cent on the quarter, meaning it was 9.5 per cent higher than Q4 2007.
- The positive growth in the value of household spending and the negative growth in spending adjusted for inflation shows that households are spending more, but getting fewer goods or services.
- In Q2 2012, the value of UK household spending per head was £3,813. This was £214 higher than in Q4 2007, the peak of pre recession spending.
- To put the recent changes in context, between 1992 and 2007 the value of household spending was driven by both increases in prices and the volume of goods and services purchased.
Get all the tables for this publication in the data section of this publication
Source: Office for National Statistics licensed under the Open Government Licence v.1.0.