Consumer Spending in the United Kingdom decreased to 258318 GBP Million in the second quarter of 2020 from 338522 GBP Million in the first quarter of 2020.
Consumer Spending in the United Kingdom averaged 184908.66 GBP Million from 1955 until 2020, reaching an all time high of 350229 GBP Million in the third quarter of 2019 and a record low of 70183 GBP Million in the first quarter of 1955. This page provides the latest reported value for - United Kingdom Consumer Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom Consumer Spending - values, historical data and charts - was last updated on October of 2020. source: Office for National Statistics
Consumer Spending in the United Kingdom is expected to be 326756.00 GBP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in the United Kingdom to stand at 277692.00 in 12 months time. In the long-term, the United Kingdom Consumer Spending is projected to trend around 337212.00 GBP Million in 2021 and 343956.00 GBP Million in 2022, according to our econometric models.