Statistical bulletin: Consumer Trends, Q2 2013

Statistical bulletin – Consumer Trends

Released: 26 September 2013 Download PDF

Contents

• Key Points
• Summary of Household Expenditure in Q2 2013
• Trends in Household Expenditure
• Household Spending Per Head
• Spending by Product
• Focus on Prices in Household Expenditure
• Focus on Household Spending on Technology
• Household Final Consumption Expenditure Revisions Q2 2013
• Guidance and Methodology
• Background notes
• Statistical contacts

Key Points

• In Q2 2013, household spending (adjusted for inflation) grew by 0.3% (£661m). The main positive contributor to growth was increased household spending on ‘Transport’.
• Household spending has increased by 0.3% but still remains 2.8% below the peak of spending (in volume terms) in Q4 2007. Households purchased 4.0% more in volume terms this quarter compared with the recent low of Q2 2009.
• The current price value of household spending, which includes inflation, shows how much UK households spent. In Q2 2013 current price spending increased by 0.9% compared with Q1, continuing the trend of positive growth which has continued since Q3 2009. Current price spending is now 15.1% higher than Q4 2007. Households current price spending was 19.1% higher in Q2 2013 than the recent low of Q2 2009.
• The value of UK household spending per head, in current price terms, was £4,037, an increase of 0.7% on the quarter and 10.3% when compared with Q1 2008, the quarter prior to the first fall in expenditure, including inflation, since 1997.

Source: Office for National Statistics licensed under the Open Government Licence v.1.0.