Wednesday, November 8, 2017

ONS releases - Consumer Prices Index including owner occupiers’ housing costs (CPIH)-consistent inflation rate estimates for UK household groups, and Families and households in the UK

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8 November 2017

Economy

Consumer Prices Index including owner occupiers' housing costs (CPIH)-consistent inflation rate estimates for UK household groups: 2005 to 2017

Consumer Prices Index including owner occupiers' housing costs (CPIH)-consistent inflation rates have been calculated for different UK household groups.

Retired households have experienced slightly faster price growth than non-retired households since 2005 (2.3% on average per year compared with 2.2%); however, these averages conceal a larger variation in the 12-month inflation rates experienced by the two groups at different points over the period.

Since 2005, the rate of inflation experienced by lower income households has averaged 2.3% per year, compared with 2.1% per year for the higher income households.

Households with and without children have both, on average, experienced the same rate of inflation (2.2% on average per year).

CPIH has grown by 2.2% per year on average over the same period, in line with households in the middle of the income distribution.

The difference in the inflation rates experienced by different UK household groups has narrowed over the period since 2014.


People, population and community

Families and households in the UK: 2017

In 2017 there were 19.0 million families in the UK, a 15% increase from 16.6 million in 1996.

With 12.9 million families, the married or civil partner couple family remains the most common in 2017, with the cohabiting couple family growing the fastest.

In the UK there were 27.2 million households in 2017, resulting in an average household size of 2.4.

In 2017, there were 3.9 million people living alone aged 16 to 64 years; a larger proportion were male (58.5%); similarly there were 3.8 million people living alone aged 65 and over but a larger proportion (66.5%) were female.

Young males were more likely to be living with their parents than young females; around 32% of males aged 20 to 34 years were living with their parents compared with 20% of females aged 20 to 34 years in 2017.

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