Asda Income Tracker shows family spending power is £10 per week less than last year
- £10 a week fall in family spending power compared to the same month last year – represents the first month of improvement in the past 14 months
- London has lowest fall in spending power; Northern Ireland the highest
- Essential goods inflation reduced as fruit, bread and cereal prices fall
- Average UK household had £172 a week of discretionary income in March 2011, 5.6 per cent lower than a year earlier
The latest Asda Income Tracker has revealed that in March 2011, family spending power fell by £10 per week, the first time in 14 months that it hasn’t fallen lower than the previous month. The average family had £172 per week to spend in March, 5.6 per cent down from this time last year.