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UK household spending fell to £489 a week in 2012

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11/12/2013
UK households spent an average of £489 a week in 2012, down from £526.40 in 2006, according to figures from the Office for National Statistics (ONS).

The highest spend in 2012 was on housing, fuel and power (excluding mortgages) for the first time at £68.00, overtaking transport spending. This category includes rent, fuel, electricity and maintenance.

Rises in electricity and gas prices and the cold winters of 2011 and 2012 are likely to have contributed to this rise, the ONS said.

Transport spending saw the biggest reduction, falling from £87.10 per week in 2001/2 to £64.10 in 2012.

The price of petrol increased substantially over this period, and it is likely that motorists have responded to this by reducing journeys, the ONS said.

Spending on recreation and culture such as TVs, computers, newspapers, books, leisure activities and package holidays was the third highest category in 2012, at £61.50 a week compared to £58.50 in 2006.

Average weekly expenditure on food and non-alcoholic drinks in 2012 was £56.80. £15.00 of which was spent on meat and fish, £4.20 on fresh vegetables, and £3.20 on fresh fruit.

 

Family spending 2006 and 2012, adjusted for inflation.

Source: ONS.

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