Press Centre

As the Easter Bank Holiday approaches, families will have a spring in their step as Asda’s latest monthly Income Tracker revealed that Brits had an extra £16 a week in their pockets in February. Families across the UK now have £184 a week to spend on the things they want, rather than the items they need, which is 9.2% higher than this time last year.

As millions of people prepare to travel across the country to visit family and friends during the Easter Bank Holiday weekend, they’ll be pleasantly surprised at the pumps too. The price of fuel, which fell by 16.6% year-on-year last month, the largest annual fall in over twenty five years, means families will have plenty of change left over once they’ve filled up the tank.

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Posted in Press Centre on 02 April 2015
Press Centre

Good Friday Feeling For Families Across the UK As Household Spending Power Sees Double-Digit Growth.

“No-flation" brought good news to families across the UK as Asda’s latest Income Tracker revealed that Brits were £16 better off in March than they were during the same time last year – an increase of 9.7%. Families now have £185 a week to spend on the things they want rather than the items they need.

The UK continued to enjoy “No-flation”– as inflation remained at 0.0, its lowest level in 55 years thanks in large part to the falling cost of clothes and shoes. The drop in the cost of these items, which fell by 0.2% over the 12 last months, will be welcome news for people looking to spring clean their wardrobes and refresh their closets in time for the summer sun.

Families are also beginning to benefit from falling gas prices, which also helped to drive inflation down to Zero last month, after falling 4.2% over the last 12 months. The fall means that households are finally reaping the rewards from promises made by gas companies at the beginning of the year to drop their prices.

Find out more and read the full report.
Posted in Press Centre on 24 April 2015