Statistical bulletin: Consumer Trends, Q3 2013

Part of Consumer Trends, Q3 2013 Release

Released: 20 December 2013 Download PDF

Contents

• Key Points
• Summary of Household Expenditure in Q3 2013
• Trends in Household Expenditure
• Household Spending Per Head
• Spending by Product
• Focus on Prices in Household Expenditure
• Focus on Household Spending on Energy
• Household Final Consumption Expenditure Revisions Q3 2013
• Guidance and Methodology
• Background notes
• Statistical contacts

Key Points

• In Q3 2013, household spending (adjusted for inflation) grew by 0.8% (£1.9 billion). All areas showed positive growth with the exception of ‘Housing’ and ‘Health’.
• Household spending when compared with the same quarter a year ago has risen in every quarter since Q1 2012 and was 2.5% higher in Q3 2013. This is the highest comparable growth since Q1 2008.
• Household spending still remains 1.5% below the peak of spending (in volume terms) in Q4 2007.
• The current price value of household spending, which includes inflation, shows how much UK households spent. In Q3 2013 current price spending increased by 1.7% compared with Q2 2013, continuing the trend of positive growth which has continued since Q3 2009. Current price spending is now 18.2% higher than Q4 2007.
• In current price terms, the value of UK household spending per head was £4,117, an increase of 1.5% on the quarter.

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