Consumer Trends

Consumer Trends, Q4: ONS

  • In Q4 2012, household spending (adjusted for inflation) grew by 0.4% (£834 million). ‘Housing, water, gas, electricity and other fuels’ was the main contribution to growth.
  • The volume measure provides an estimate of the amount of goods and services purchased by households. In Q4 2012 it increased by 0.4%, meaning it was 3.9% below the peak of pre-recession spending in Q4 2007.
  • In Q4 2012 households purchased 2.9% more in volume terms compared with the low of Q2 2009.
  • The current price value of household spending (inflation included) shows how much UK households spent. In Q4 2012 it increased by 1.2% on the quarter, meaning it was 12.2% higher than Q4 2007.
  • Households current price spending was 16.5% higher in Q4 2012 than the low of Q2 2009.
  • The value of UK household spending per head, in current price terms, was £3,893, an increase of 1.0% on the quarter, £294 higher than in Q4 2007.
  • In 2012 volume expenditure increased by 1.2% compared with 2011. Current price expenditure rose by 3.9%
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