Consumer Spending in the United Kingdom decreased to 254336 GBP Million in the second quarter of 2020 from 330817 GBP Million in the first quarter of 2020.
Consumer Spending in the United Kingdom averaged 179033.93 GBP Million from 1955 until 2020, reaching an all time high of 341096 GBP Million in the third quarter of 2019 and a record low of 67920 GBP Million in the first quarter of 1955. This page provides the latest reported value for - United Kingdom Consumer Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom Consumer Spending - values, historical data and charts - was last updated on August of 2020. source: Office for National Statistics
Consumer Spending in the United Kingdom is expected to be 331545.00 GBP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in the United Kingdom to stand at 298845.00 in 12 months time. In the long-term, the United Kingdom Consumer Spending is projected to trend around 336575.00 GBP Million in 2021 and 343307.00 GBP Million in 2022, according to our econometric models.