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.

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United Kingdom Consumer Spending

Actual Previous Highest Lowest Dates Unit Frequency
254336.00 330817.00 341096.00 67920.00 1955 - 2020 GBP Million Quarterly
Constant Prices 2016, SA

United Kingdom Consumer Last Previous Highest Lowest Unit
Consumer Confidence -27.00 -30.00 10.00 -39.00 points [+]
Retail Sales MoM 13.90 12.30 13.90 -18.00 percent [+]
Retail Sales YoY -1.60 -12.90 9.00 -22.70 percent [+]
Consumer Spending 254336.00 330817.00 341096.00 67920.00 GBP Million [+]
Disposable Personal Income 354826.00 356697.00 356697.00 65381.00 GBP Million [+]
Personal Savings 8.60 6.60 15.20 -0.90 percent [+]
Bank Lending Rate 1.10 1.10 18.00 1.10 percent [+]
Retail Sales Ex Fuel 13.50 10.60 13.50 -15.10 percent [+]
Cbi Distributive Trades 4.00 -37.00 72.00 -55.00 Net Balance [+]
Consumer Credit -86.00 -4542.00 2248.00 -7344.00 GBP Million [+]
Gasoline Prices 1.49 1.35 2.22 0.92 USD/Liter [+]
Households Debt To GDP 83.80 83.90 94.90 28.80 percent of GDP [+]
Consumer Confidence Current Conditions -25.00 -20.00 7.00 -82.00 [+]
Consumer Confidence Economic Expectations -23.00 -21.00 20.00 -52.00 [+]
Consumer Confidence Financial Expectations 0.00 4.00 15.00 -18.00 [+]
Consumer Confidence Major Purchases Expectations 1.00 9.00 31.00 -43.00 [+]