High cost of living: Impact on households
This briefing covers how the high period of inflation in the UK from 2021 to 2024 continues to affect household incomes, spending, poverty, savings and debt.
Documents to download
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Economic Indicators, April 2013 (743 KB , PDF)
GDP contracted by an estimated 0.3% in Q4 2012 – GDP remains 3.0% below its pre-recession level in Q1 2008. Unemployment was 2.52 million and employment rose to 29.73 million over the quarter to January 2013. In the services industry, which accounts for three quarters of UK economic output, confidence has risen in each of the past three months, diminishing fears of a contraction in GDP in Q1 2013.
Documents to download
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Economic Indicators, April 2013 (743 KB , PDF)
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