Consumer trends, UK: January to March 2021

• In Quarter 1 (Jan to Mar) 2021, household spending (adjusted for inflation) growth was negative 4.6% compared with Quarter 4 (Oct to Dec) 2020; when compared with Quarter 1 2020, household spending decreased by negative 11.0%.

• When compared with Quarter 4 2020, the largest negative contribution to growth was from restaurants and hotels which decreased by negative 42.2%; when compared with Quarter 1 2020, spending on restaurants and hotels decreased by negative 63.2%.

The quarterly consumer trends data are typically published around 90 days after the end of the quarter. 

This release contains data that are consistent with the UK National Accounts, The Blue Book: 2020, released on 30 October 2020. As such, data for all periods within this release are subject to revision in line with the National Accounts Revisions Policy.

The Blue Book is the UK's annual compendium of national accounts data and incorporates several improvements to methods and sources into the UK's National Accounts.

The reference year and last base year for all chained volume measure estimates is now 2018.

Further information on latest developments and changes implemented in Blue Book 2020 can be found in the Latest developments and changes to be implemented in blue book and pink book 2020 article.

Household final consumption expenditure (HHFCE) includes spending on goods and services except for buying or extending a house, investment in valuables (for example, paintings and antiques) or purchasing second-hand goods. Explanations for these exceptions and the related concepts are available in Consumer trends guidance and methodology.

Quality

More quality and methodology information on strengths, limitations, appropriate uses, and how the data were created is available in the Consumer trends QMI.

Impact of the coronavirus (COVID 19)

Since Quarter 1 (Jan to Mar) 2020, estimates of household final consumption expenditure (HHFCE), along with other components of gross domestic product (GDP), have been subject to more uncertainty than usual as a result of the challenges we faced in collecting the data under government imposed public health restrictions. In the case of HHFCE, these challenges have been compounded by the suspension of data collection for the International Passenger Survey (IPS) on 16 March 2020 and the temporary suspension of the Living Costs and Food survey (LCF) between 16 March and 14 April 2020.