Consumer Trends

Consumer Trends, Q2 2012: ONS

  • In Q2 2012, the volume measure of household spending (adjusted for inflation) fell by 0.2 per cent (£527 million), the first contraction since Q3 2011. It was 5.5 per cent below the peak of Q4 2007, and 1.2 per cent higher than Q2 2009
  • In Q2 2012 the value of current price household spending (inflation included)  increased by 0.7 per cent on the quarter, meaning it was 9.5 per cent higher than Q4 2007
  • In Q2 2012, the value of UK household spending per head was £3,813. This was £214 higher than in Q4 2007, the peak of pre recession spending