Briefing • 25 October 2013
Briefing 3: Who Spends What?
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Explaining the data
Here we have used data from the Office of National Statistics. This is produced annually and the latest data relates to 2011. It is worth noting that on average there are more persons per household in the top 10% of households than in the bottom 10% of households. If you were looking at average spend per person someone in the bottom 10% will spend £134.80 per week while someone in the top 10% will spend £321.20. It is also worth saying that this data on spending does not include information on what those and the top and bottom are investing for the future.
Tagged under: income inequality, living standards
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