- In Quarter 4 (Oct to Dec) 2016, household spending (adjusted for inflation) grew by 0.7% (£2.0 billion) compared with Quarter 3 (July to Sept) 2016.
- The main contribution to growth can be seen in “Housing”, this has increased by 1.3% compared with Quarter 3 2016.
- Household spending in volume terms increased to £277.1 billion in Quarter 4 2007 before falling to £260.1 billion in Quarter 2 2009; following falls in 2010 and 2011, it increased to £294.8 billion in Quarter 4 2016, the highest volume spending since the start of the series, in each quarter since Quarter 3 2014, volume spending has exceeded the previous high in Quarter 4 2007.
- Household spending when compared with the same quarter a year ago has been showing positive growth each quarter since Quarter 4 2011; it was 2.9% higher in Quarter 4 2016, when compared with Quarter 4 2015.
- The current price value of household spending, which includes inflation, shows how much UK households spent; in Quarter 4 2016, current price spending increased by 1.4% compared with Quarter 3 2016.
- The household expenditure implied deflator increased by 0.7% in Quarter 4 2016 compared with the previous quarter.
Source: Office for National Statistics licensed under the Open Government Licence v.1.0.