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UK households 142 pounds worse off in October versus last year -Asda

22 Tháng Mười Một 2022
UK households 142 pounds worse off in October versus last year -Asda © Reuters. FILE PHOTO: A row of residential houses are seen during sunrise in London, Britain, September 28, 2022. REUTERS/Hannah McKay/File Photo

LONDON (Reuters) - The average British household was 142 pounds ($168) worse off in October year-on-year, mainly due to the steep rise in energy costs, supermarket group Asda said on Monday.

Publishing its monthly Income Tracker survey, produced with the Centre for Economics and Business Research, Asda said after paying tax and essential bills the average household had 203 pounds per week left – the lowest amount since August 2018.

Its data showed 54% of households plan to spend less on Christmas decorations. They also plan to spend less on presents for extended family members and friends.

However, 92% of shoppers plan to spend the same or more on their children despite having smaller budgets.

Consumers have been cutting back on their spending as inflation has soared, hitting 11.1% in October.

Last week, Britain's Office for Budget Responsibility said UK household disposable incomes would fall by 4.3% in the current financial year and by 2.8% in 2023-24, the sharpest declines in records dating back to the 1950s.

That two-year slump would wipe out all the growth in living standards over the eight years to 2022, the OBR said.

A survey published on Friday showed consumer confidence improved this month from October but remained close to an all-time low.

A raft of other surveys have predicted a half or more of Britons plan to spend less this Christmas.

($1 = 0.8467 pounds)

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29-11-2022 09:12:25 (UTC+7)

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 EUR/USD1.0359↑ Buy
 GBP/USD1.1991↑ Buy
 USD/JPY138.71↑ Sell
 AUD/USD0.6671↑ Buy
 USD/CAD1.3461↑ Sell
 EUR/JPY143.70↑ Sell
 EUR/CHF0.9823Neutral
 Gold1,745.05↑ Buy
 Silver21.075↑ Buy
 Copper3.6307↑ Buy
 Crude Oil WTI77.28↑ Buy
 Brent Oil84.12↑ Buy
 Natural Gas7.330↑ Buy
 US Coffee C163.02Buy
 Euro Stoxx 503,935.51↑ Sell
 S&P 5003,963.94↑ Buy
 DAX14,383.36↑ Sell
 FTSE 1007,474.02↑ Sell
 Hang Seng17,804.00↑ Buy
 Small Cap 20001,830.31↑ Buy
 IBEX 358,323.20↑ Sell
 BASF48.910Neutral
 Bayer55.75↑ Buy
 Allianz203.80↑ Buy
 Adidas121.26↑ Sell
 Lufthansa7.528↑ Sell
 Siemens AG131.54↑ Sell
 Deutsche Bank AG10.206↑ Sell
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,640/ 6,710
(-15/ -15) # 1,486
SJC HCM6,650/ 6,730
(-15/ -15) # 1,505
SJC Hanoi6,650/ 6,732
(-15/ -15) # 1,507
SJC Danang6,650/ 6,732
(-15/ -15) # 1,507
SJC Nhatrang6,650/ 6,732
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(-15/ -15) # 1,507
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