People, population and community In line with recent trends, there is a mixed picture among economic well-being indicators in Quarter 3 (July to Sept) 2017; gross domestic product (GDP) per head has grown 1.1% in real terms compared with the same quarter a year ago, but real household disposable income (RHDI) per head has declined 0.2%. Net national disposable income (NNDI) per head – which takes account of the depreciation of assets and the UK's foreign income balance – increased by 1.5% between Quarter 3 2016 and Quarter 3 2017, due mainly to a £2.6 billion increase in the balance of income received from the UK's foreign direct investment from abroad. Between Quarter 4 (Oct to Dec) 2015 and Quarter 3 2017, NNDI per head increased by 5.4% compared with a contraction in RHDI per head of 1.6%; this divergence is due to an increasing share of national income accounted for by corporations and government, and a lower share to the households sector. The fall in RHDI over recent quarters, while expenditure per head has increased slightly, means that the households saving ratio decreased from 6.9 to 5.2 between Quarter 3 2016 and Quarter 3 2017. For the first time in over two years, consumers reported a worsening of their perception of their own financial situation for two consecutive quarters. ONS Visual story on amounts of leisure time among different groups in society, and how this has changed over time. This follows on from figures published by ONS last year. |
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