Asda’s latest Income Tracker reveals that Brits had an extra £18 a week to spend in May compared to a year ago, with the falling price of food, drink, gas and outdoor living brightening up British Summertime.
- The average UK household had £188 a week of discretionary income in May 2015, up by £18 a week on the same month in the previous year
- The price of games, toys and recreational activities were 3.4% lower than in May 2014
- Gardens, plants and flowers were 2.1% cheaper
British Summertime is in full swing as Asda’s latest monthly Income Tracker revealed that Brits had an extra £18 a week in their pockets in May this year. Families across the UK now have £188 a week to spend on the things they want, rather than the items they need, which is over 10% higher than this time last year.
British families can fire up their barbeques without burning a hole in their wallets, as essential item inflation remained in negative territory (-0.1%), driven by falling food, drink and gas prices. The price of household gas saw a 4.4% fall, with food and non-alcoholic drinks also falling by 1.8% compared to the same time last year.Find out more and read the full report.