Latest Economic Data – October 2014 Table of Contents (Clickable links) Industry Statistics ............................................................................................................... 2 Industry Data .................................................................................................................... 2 Industry Charts ................................................................................................................ 3 Macroeconomic Statistics .................................................................................................. 9 Macroeconomic Data ....................................................................................................... 9 Macroeconomic Charts ................................................................................................. 11 Government Scheme Statistics ........................................................................................ 16 Government Data ........................................................................................................... 16 Government Charts........................................................................................................ 18 Regional Housing Statistics ............................................................................................. 22 Housing Data.................................................................................................................. 22 Housing Charts .............................................................................................................. 25 Notes, Sources and Descriptions..................................................................................... 26
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Energy and Utilities Alliance - Economic Data for October 2014
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Latest Economic Data – October 2014
Table of Contents (Clickable links)
Industry Statistics ............................................................................................................... 2
Industry Data .................................................................................................................... 2
Industry Charts ................................................................................................................ 3
Combi Number of combi boilers sold in preceding month, within the domestic market.
Member companies
System Number of system boilers sold in preceding month, within the domestic market.
Member companies
Regular Number of regular boilers sold in preceding month, within the domestic market.
Member companies
Total Total number of boilers (all types) sold in preceding month, within the domestic market.
Member companies
HOT WATER STORAGE CYLINDERS
Conventional Number of conventional hot water storage cylinders sold in preceding month, within the domestic market.
Member companies
Renewable Number of renewable hot water storage cylinders sold in preceding month, within the domestic market.
Member companies
Total Total number of conventional hot water storage cylinders (all types) sold in preceding month, within the domestic market.
Member companies
RADIATORS Total Total number of radiators sold in preceding month. Member companies
SOLAR THERMAL PANELS (M2) Flat Plate Solar Thermal Panels (Flat Plate) sold in preceding month, expressed in square metres.
Member companies
Vacuum Solar Thermal Panels (Vacuum) sold in preceding month, expressed in square metres.
Member companies
Total Solar Thermal Panels (All) sold in preceding month, expressed in square metres.
Member companies
INSTALLED SMART METERS Electric Number of electricity smart meters installed in previous quarter. www.gov.uk - Smart meters statistics
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Gas Number of gas smart meters installed in previous quarter. www.gov.uk - Smart meters statistics
Total Total number smart meters installed in previous quarter. www.gov.uk - Smart meters statistics
MACROECONOMIC
Description Source
HOUSING Starts A dwelling is counted as started on the date work begins on the laying of the foundation.
www.gov.uk - House building statistics
Completions A dwelling is regarded as complete when it becomes ready for occupation or when a completion certificate is issued.
www.gov.uk - House building statistics
House prices (£) inflation (RPI) adjusted
Average UK house price, adjusted for inflation using the Retail Price Index. In order to control for variations in the mix of properties being sold, complex statistical methods are employed to calculate this statistic.
Nationwide Building Society - House Price Index
House price index Average house price. Expressed as an index number for ease of comparison with prior values.
Nationwide Building Society - House Price Index
Average House Price (£)
Average UK house price, unadjusted for inflation. Nationwide Building Society - House Price Index
Transactions Estimate of the number of residential and non-residential property transactions in the UK and its constituent countries.
www.gov.uk - Monthly Property Transactions
Gross mortgage lending (£m)
All new lending done in a given period, including remortgaging and new loans for house purchase.
Council of Mortgage Lenders - Statistics
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CONSUMERS Consumer confidence
Measures the level of optimism that consumers have about the performance of the economy in the next 12 months. The GfK Consumer Confidence is derived from a survey of 2,000 consumers who are asked to rate the relative level of past and future economic conditions including personal financial situation, climate for major purchases, overall economic situation and savings level.
GfK - Consumer Confidence
Retail sales value including fuel
An aggregated measure of the sales of retail goods over a stated time period, including fuel sales.
Office of National Statistics - Key Economic Time Series
Retail sales value excluding fuel
An aggregated measure of the sales of retail goods over a stated time period, excluding fuel sales.
Office of National Statistics - Key Economic Time Series
New car sales Number of new car registrations in the preceding month. Society of Motor Manufacturers and Traders
MACROECONOMIC INDICATORS Real GDP (CVM) Gross Domestic Product at chained volume measure. Monetary value of all the finished goods and services produced within a country's borders. The effects of inflation are accounted for using a chained volume measure.
Office of National Statistics - Key Economic Time Series
Real GDP per capita (CVM)
Real GDP (CVM) divided by the number of people in the country. Office of National Statistics - Key Economic Time Series
Inflation - CPI The retail price index (RPI) and the consumer price index (CPI) are both measures of the price of goods and services in the UK.
Office of National Statistics - Key Economic Time Series
Inflation - RPI The retail price index (RPI) and the consumer price index (CPI) are both measures of the price of goods and services in the UK. The retail price index, or the RPI, shows the changes in the cost of living. It reflects the movement of prices in a range of goods and services used regularly, such as food, heating, housing, household goods, bus fares and petrol.
Office of National Statistics - Key Economic Time Series
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Inflation - PPI (Output)
The PPI provides an estimate of the price of goods bought and sold by UK manufacturers. The output price index is a measure of the price of goods and services sold as output by domestic producers.
Office of National Statistics - Key Economic Time Series
Inflation - PPI (Input) The PPI provides an estimate of the price of goods bought and sold by UK manufacturers. The input price index measures the price of materials and fuels bought by UK manufacturers for processing.
Office of National Statistics - Key Economic Time Series
Unemployment rate (%)
The unemployment rate gives the number of unemployed persons as a percentage of the labour force.
Office of National Statistics - Key Economic Time Series
Economically inactive rate (%)
People who are not in work, but who do not satisfy the criteria for ILO unemployment (wanting a job, seeking in the last four weeks and available to start in the next two), expressed as a percentage of the 16 and over population.
Office of National Statistics - Key Economic Time Series
Net Debt (£bn) Net government debt excluding financial intervention. Office of National Statistics - Key Economic Time Series
Net Debt (% of GDP) Net government debt excluding financial intervention, expressed as a percentage of GDP.
Office of National Statistics - Key Economic Time Series
ENERGY PRICE INDICES Gas Gas price, expressed as an index number. www.gov.uk - Domestic energy price statistics
Electricity Electricity price, expressed as an index number. www.gov.uk - Domestic energy price statistics
All fuels All fuel price, expressed as an index number. www.gov.uk - Domestic energy price statistics
GOVERNMENT
Description Source
NON-DOMESTIC RHI APPLICATIONS
Total Number of non-domestic Renewable Heat Incentive applications.
Solar Thermal Domestic Renewable Heat Incentive applications - Solar thermal www.gov.uk - RHI Monthly deployment data
BOILER INSTALLATIONS GD Finance Boiler installations using Green Deal Finance. www.gov.uk - Green Deal and ECO Statistics
ECO Boiler installations using Energy Companies Obligation. www.gov.uk - Green Deal and ECO Statistics
GDHIF Boiler Boiler installations through Green Deal Home Improvement Fund (Boiler).
www.gov.uk - Green Deal and ECO Statistics
GDHIF FGHR Boiler installations through Green Deal Home Improvement Fund (Flue Gas Heat Recovery).
www.gov.uk - Green Deal and ECO Statistics
GD Cashback Boiler installations using Green Deal Cashback voucher. www.gov.uk - Green Deal and ECO Statistics
MEASURES INSTALLED USING GDF
Boilers Boilers installed using Green Deal Finance. www.gov.uk - Green Deal and ECO Statistics
Cavity Wall Insulation Cavity Wall Insulation installed using Green Deal Finance. www.gov.uk - Green Deal and ECO Statistics
Loft Insulation Loft insulation installed using Green Deal Finance. www.gov.uk - Green Deal and ECO Statistics
Micro-generation Micro-generation measures installed using Green Deal Finance. www.gov.uk - Green Deal and ECO Statistics
Other Heating Other heating measures installed using Green Deal Finance. www.gov.uk - Green Deal and ECO Statistics
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Other Insulation Other insulation measures installed using Green Deal Finance. www.gov.uk - Green Deal and ECO Statistics
Solid Wall Insulation Solid wall insulation installed using Green Deal Finance. www.gov.uk - Green Deal and ECO Statistics
Window Glazing Window glazing installed using Green Deal Finance. www.gov.uk - Green Deal and ECO Statistics
GD ASSESSMENTS Total Number of Green Deal assessments. www.gov.uk - Green Deal and ECO Statistics
GD PLANS New Plans A Green Deal plan is considered "new" after a customer has obtained a quote from a Green Deal Provider and confirmed they wish to proceed.
www.gov.uk - Green Deal and ECO Statistics
Pending Plans A Green Deal plan is considered "pending" when a plan has been signed by the customer, progress is being made to install Green Deal Plan measures and the Plan is being finalised so that charging can start.
www.gov.uk - Green Deal and ECO Statistics
Live Plans A Green Deal plan is considered "live" after the measures have been installed in the property, the information required to disclose the Plan to future bill payers has been attached to the Plan and the energy supplier has all the information required to bill Green Deal Charges.
www.gov.uk - Green Deal and ECO Statistics
Total Plans Total of new, pending and live Green Deal plans. www.gov.uk - Green Deal and ECO Statistics
REGIONAL HOUSING DATA
Description Source
AVERAGE HOUSE PRICE All Regions Average house price, segmented by regions. Nationwide Building Society - House Price Index
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HOUSE STARTS All Regions A dwelling is counted as started on the date work begins on the laying of the foundation, segmented by regions.
www.gov.uk - House building statistics
HOUSE COMPLETIONS All Regions A dwelling is regarded as complete when it becomes ready for occupation or when a completion certificate is issued, segmented by regions.