Family spending

Living Costs and Food Survey, 2012

  • UK households spent an average of £489 a week in 2012.
  • The largest expenditure categories were housing (excluding mortgages), fuel and power, transport, and recreation and culture.
  • There were four regions in which expenditure over the period 2010-2012 was higher than the UK average: London, the South East, the East and the South West.
  • Average spending has decreased between 2006 and 2012 once the figures have been adjusted to allow for changes in prices (inflation).
  • Households in London spend the most, while those in the North East spend the least.
  • Expenditure in rural areas is higher than in urban areas.
Advertisements

Poverty in the UK

Monitoring poverty and social exclusion 2013: JRF

  • Over the four years to 2011/12 median income fell by an unprecedented 8 per cent
  • Alongside the 13 million people in poverty in 2011/12 are a further two million with incomes that would have been low enough to count as poverty in 2007/08
  • Of the 13 million people in poverty around 6.7 million were in a family where someone worked.

European retail trade down

European Retail Trade volumes, Oct 2013: Eurostat

  • In October 2013 compared with September 2013, the seasonally adjusted volume of retail trade fell by 0.2% in the euro area (EA17) and by 0.4% in the EU28
  • In September retail trade decreased by 0.6% and 0.4% respectively.
  • In October 2013 compared with October 2012 , the retail sales index fell by 0.1% in the euro area and rose by 0.5% in the EU28.

European GDP

European GDP, Q3 2013: Eurostat

  • GDP rose by 0.1% in the euro area (EA17) and by 0.2% in the EU28 during the third quarter of 2013, compared with the previous quarter
  • In the second quarter of 2013, growth rates were +0.3% and +0.4% respectively.
  • Compared with the same quarter of the previous year, seasonally adjusted GDP fell by 0.4% in the euro area and rose by 0.1% in the EU28 in the third quarter of 2013, after -0.6% and -0.1% respectively in the previous quarter.

ICT Activity of UK Businesses, 2012

ICT Activity of UK Businesses, 2012

  • E-commerce sales represented 18% of business turnover in 2012, down from 19% in 2011, but up 4.5 percentage points from the 2008 estimate of 14%.
  • Sales by Electronic Data Interchange (EDI) made up two-thirds (67%) of total e-commerce sales in 2012, with the remainder (33%) from website sales.
  • Website sales (£164 billion) represented 6% of business turnover in 2012, up from 5% (£133 billion) in 2011.
  • 95% of businesses had broadband Internet and 82% had a website.
  • In 2012, 43% of businesses used social networks with almost a quarter (23%) using social media to respond to customer opinions, reviews or questions.

European unemployment

European unemployment, Oct 2013: Eurostat

  • The euro area (EA17) seasonally-adjusted unemployment rate  was 12.1% in October 2013, down from 12.2% in  September
  • The EU28 unemployment rate was 10.9%, stable compared with September
  • In both zones, rates have risen compared with October 2012, when they were 11.7% and 10.7% respectively
  • In October 2013, 26.654 million men and women were unemployed in the EU28, of whom 19.298 million were in the euro area
  • Compared with September 2013, the number of persons unemployed decreased by 75 000 in the EU28 and by 61 000 in the euro area. Compared with October 2012, unemployment rose by 512 000 in the EU28  and by 615 000 in the euro area.
  • In October 2013, 5.657 million young persons (under 25) were unemployed in the EU28, of whom 3.577 million were in the euro area.
  • Compared with October 2012 youth unemployment decreased by 29 000 in the EU28, but increased by 15 000 in the euro area.
  • In October 2013, the youth unemployment rate was 23.7% in the EU28 and 24.4% in the euro area, compared with 23.3% and 23.7% respectively in October 2012.