;
COVID-19 SERVICE: We are heightening our efforts to assist the UK retail & leisure industry through this challenging period. Explore this service now… COVID-19 SERVICE

UK Consumer Report summary

April 2023

Period covered: Period covered: Q4 2022

Note: This report summary is one or two months behind the current month as standard reporting practice. The content is indicative only and incomplete with certain data undisclosed. Become a member to access this data or take out a free 30 day membership trial now.

Gross Domestic Product

UK quarterly GDP is estimated to have increased by 00% in Q4 2022(Oct to Dec).

 In Q4, services output grew by 00%, production growth was flat, and construction grew by 00%.

Real GDP in Q4 2022 is now estimated to be 00% below pre-pandemic levels (Q4 2019).

Total Consumer Spending

Consumer spending increased by 00% QoQ in Q4 2022.

Transport (+00%) and Housing, water, electricity, gas( +00%) both recorded notable rises on a quarterly basis.

Elsewhere, spending on Communication (-00%), and Health (-00%) experienced significant contractions QoQ.

Food and Non-Alcoholic Beverages

Consumer expenditure on food and non-alcoholic beverages fell by 00% on the previous quarter, totalling £00m in Q4 2022. Spending also declined 00% compared to the same quarter a year ago.

Alcoholic Beverages and Tobacco

Consumer spending on Alcoholic Beverages & Tobacco totalled £00m in Q4 2022, a 00% increase on the previous quarter.

Alcoholic beverages recorded a decrease on an annual basis, falling by 00% in Q4 2022.

Clothing and Footwear

Consumer expenditure on Clothing & Footwear grew by 00% in Q4 2022 with spending totalling £00m.

On an annual basis, spending increased by 00%.

Housing, Water, Electricity, Gas and other fuels

Total spending on Housing, Water, Electricity, Gas & other fuels rose by….

Take out a FREE 30 day membership trial to read the full report.

 

Consumer spending remains heavily curtailed

Source: ONS, Retail Economics analysis

Need insights from our latest report?

UK Consumer Report: April 2024

Access this report with a FREE 30 day subscription trial!

  • Consumer spending overview
  • Consumer spending trends
  • Consumer spending by category
  • Consumer spending by region
  • Consumer spending by income decile
  • Retail sales growth
  • Market size and growth rates
  • Consumer spending forecasts by category and more…