Families continue to enjoy boost in spending power as Asda’s latest Income Tracker reveals that Brits were all fired up with an extra £18 a week to spend in September, compared to 2014.
- The average household across the UK enjoyed a September surprise with weekly discretionary income reaching £192 a week, up £18 on September 2014
- Prices of essential items, like food and drink dropped by 2.3%, firing up appetites for a big night in
- A drop in the cost of gas helped heat up homes and beat the autumn chill
- All regions avoided feeling the heat on their bank balances, as the UK has seen 2 years of continued growth in spending power
As the cold, dark winter nights start to creep in, UK families will be warming up to the fact they can enjoy more of the things they want. Asda’s latest Income Tracker has revealed that the average household now has £192 a week of discretionary income, up by £18 a week (10.6%) on the same time last year.
What’s more, it’s not just the temperatures that are falling. A 2.3% drop in the price of food and drink over the past year means that those to hibernating at home, can stock their cupboards for those big nights in from of the TV watching X Factor or The Rugby World Cup, particularly as the UK’s inflation rate continues to hit negative numbers (-0.1%), with September marking the eight consecutive month of near zero inflation.Read more and see the full report here