Latest Economic Data January 2015 Release Table of Contents (Clickable links) 1.
Industry Statistics ........................................................................................................3 Gas Boilers..................................................................................................................................................................... 3 Hot Water Storage Cylinders ........................................................................................................................................ 3 Radiators ....................................................................................................................................................................... 3 Solar Thermal Panels..................................................................................................................................................... 4 Smart Meter Installations ............................................................................................................................................. 4 Charts – Gas Boilers ...................................................................................................................................................... 5 Charts – Hot Water Storage Cylinders .......................................................................................................................... 7 Charts – Radiators ......................................................................................................................................................... 8 Charts – Solar Thermal Panels ...................................................................................................................................... 9 Charts – Smart Meter Installations ............................................................................................................................. 11
2.
Macroeconomic Statistics ......................................................................................... 12 Housing ....................................................................................................................................................................... 12 Consumer Sector ......................................................................................................................................................... 12 Macroeconomic Indicators ......................................................................................................................................... 13 Energy Prices ............................................................................................................................................................... 14 Manufacturing Sector ................................................................................................................................................. 14 Charts – Housing ......................................................................................................................................................... 15 Charts – Consumer Sector........................................................................................................................................... 18 Charts – Macroeconomic Indicators ........................................................................................................................... 21 Charts – Manufacturing Sector ................................................................................................................................... 23
3.
Government Scheme Statistics ................................................................................. 25 Non-Domestic RHI Applications .................................................................................................................................. 25 Domestic RHI Applications .......................................................................................................................................... 25 Boiler Installations ...................................................................................................................................................... 25
Green Deal Finance ..................................................................................................................................................... 26 Green Deal Assessments and Plans ............................................................................................................................ 26 Charts – Non-Domestic RHI Applications .................................................................................................................... 28 Charts – Domestic RHI Applications ............................................................................................................................ 29 Charts – Boiler Installations ........................................................................................................................................ 30 Charts – Green Deal Finance ....................................................................................................................................... 31 Charts – Green Deal Assessments and Plans .............................................................................................................. 32 4.
Regional Housing Statistics ...................................................................................... 34 Regional House Prices ................................................................................................................................................. 34 Regional Housing Starts and Completions .................................................................................................................. 34
5.
Notes, Sources and Descriptions .............................................................................. 37
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1. Industry Statistics Gas Boilers
Sales of gas boilers in December 2014 rose by 3.5% in comparison with December 2013. Sales for the year reached 1.66 million – an increase of 0.8% over 2013.
December
Year-to-date
Moving Annual Total
2014
2013
% change
Combi
105,282
98,790
6.6%
1,280,509
1,265,344
1.2%
1,280,509
1,265,344
1.2%
System
7,793
8,323
-6.4%
128,913
120,997
6.5%
128,913
120,997
6.5%
Regular
19,611
21,040
-6.8%
253,976
263,475
-3.6%
253,976
263,475
-3.6%
Total
132,686
128,153
3.5%
1,663,398
1,649,816
0.8%
1,663,398
1,649,816
0.8%
2014
2013
% change
This Year
Last Year
% change
Hot Water Storage Cylinders
Hot water storage cylinder sales in December 2014 were 8.74% lower than sales in December 2013. Sales on annual basis showed a slight improvement over 2013, rising by 0.7%. Aggregate annual growth was driven by solid growth in conventional cylinder sales (1.2%), which counteracted the 5.7% drop in sales of cylinders for renewable systems.
December
Year-to-date
Moving Annual Total
2014
2013
% change
Conventional
23,842
26,251
-9.18%
445,144
439,858
1.20%
445,144
439,858
1.20%
Renewable
1,840
1,890
-2.65%
32,840
34,828
-5.71%
32,840
34,828
-5.71%
Total
25,682
28,141
-8.74%
477,984
474,686
0.69%
477,984
474,686
0.69%
2014
2013
% change
This Year
Last Year
% change
Radiators
Sales of radiators in December 2014 were 21% higher than in December 2013. Aided by a strong December, radiator sales finished the year 7% higher than in 2013.
December
Radiators
Year-to-date
2014
2013
% change
453,714
374,896
21.02%
2014 6,232,083
Moving Annual Total
2013
% change
This Year
Last Year
% change
5,827,371
6.95%
6,232,083
5,827,371
6.95%
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Solar Thermal Panels
Sales of solar thermal panels in December 2014 were 49% lower than sales in December 2013. On an annual basis, there was a 15% reduction in solar thermal sales. Sales of flat plate collector panels were 11% lower, while sales of vacuum collector panels fell by 29%.
December
Year-to-date 2014
2013
% change
Moving Annual Total This Last % Year Year change
2014
2013
% change
Flat Plate (m²)
857.0
1,507.4
-43.15%
24,590.7
27,721.8
-11.29%
24,590.7
27,721.8
-11.29%
Vacuum (m²)
190.8
542.3
-64.81%
5,870.0
8,223.8
-28.62%
5,870.0
8,223.8
-28.62%
Total (m²)
1,047.8
2,049.8
-48.88%
30,460.7
35,945.6
-15.26%
30,460.7
35,945.6
-15.26%
Smart Meter Installations
A total of 129,743 smart meters were installed in Quarter 3 of 2014. This figure represents a 40% increase over Quarter 3 2013 and the highest number of domestic installations in any quarter. Of these, 59% were electricity smart meters and 41% gas smart meters. December
Year-to-date
Total to date
2014
2013
% change
2014
2013
% change
Electric
76,061
57,632
31.98%
197,441
115,766
70.55%
253,044
Gas
53,682
35,190
52.55%
128,275
81,283
57.81%
168,005
Total
129,743
92,822
39.78%
325,716
197,049
65.30%
421,049
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Charts – Gas Boilers
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Charts – Hot Water Storage Cylinders
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Charts – Radiators
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Charts – Solar Thermal Panels
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Charts – Smart Meter Installations
Smart Meter Installations 140000
120000
Installations
100000
80000
60000
40000
20000
0 Q4 2012
Q1 2013
Q2 2013
Q3 2013 Electric
Q4 2013 Gas
Total
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Q1 2014
Q2 2014
Q3 2014
2. Macroeconomic Statistics Housing
Seasonally adjusted housing starts in England were estimated at 32,890 for Quarter 3 2014, an increase of 0.9% over Quarter 3 2013. Seasonally adjusted completions for Q3 2014 were 31,190, an increase of 8.5% over 28,740 in Q3 2013.
In December 2014, the price of the average UK house reached £188,559. Price growth on an annual basis was 7.2%, a reduction from 8.5% in November. Annual house price growth slowed further in December, marking the fourth consecutive month in which the rate of growth has softened.
There were a total of 100,220 residential property transactions in December 2014. This was a decline of 0.4% compared to December 2013.
Gross mortgage lending reached £16.5 billion in December, marking a 1% reduction in the £16.68 billion seen in December last year. Overall, gross mortgage lending for 2014 was £205.6 billion, 17% higher than the £176 billion lent in 2013.
The UK construction purchasing managers’ index* (PMI) fell to a seasonally adjusted 57.6 in December from 59.4 in November – the lowest reading since July 2013. Despite the slowdown, the latest reading was higher than the long-run average of 54.5 and significantly higher than the 50.0 lower bound of expansion. *A PMI value of more than 50 represents expansion of the sector, anything below 50 signifies a contraction. December
Year-to-date
2014
2013
% change
2014
2013
% change
Starts*
32,890
32,600
0.89%
106,290
92,000
15.53%
Completions*
31,190
28,740
8.52%
89,480
81,060
10.39%
House price index*
379.3
353.9
7.18%
Average House Price (£)
£188,559
£175,826
7.24%
Transactions
100,220
100,620
-0.40%
1,226,460
Gross mortgage lending £m
£16,500
£16,682
-1.09%
£205,618
57.6
62.1
-7.25%
UK PMI (Construction)
Consumer Sector
UK consumer confidence fell by two points in December to -4, the lowest reading since March 2014.
Retail sales value continued to grow in December, rising 0.3% on a monthly basis (0.35% excluding fuel) and 1.85% on an annual basis (2.63%). Falling shop prices and cheaper fuel encouraged Britons to spend during the festive period.
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New car registrations reached a 10 year high in 2014 – in total, nearly 2.5 million new cars were registered in the calendar year. Monthly sales were 166,198, up 8.6% from December 2013. Inflation on an annual basis - as measured by the Consumer Price Index – fell to 0.5% in December. The slow growth in prices is largely attributable to falling commodity and food prices. Fears of a deflationary spiral were partially allayed by strong retail sales in December.
December 2014
2013
-4
-13
Retail sales value including fuel
110.4
108.4
Retail sales value excluding fuel
113.1
New car sales
2014 December
November
-4
-2
1.85%
110.4
110.1
0.27%
110.2
2.63%
113.1
112.7
0.35%
166,198
152,918
8.68%
Inflation - CPI
128.2
127.5
0.55%
128.2
128.2
0.00%
Inflation - RPI
257.5
253.4
1.62%
257.5
257.1
0.16%
Consumer confidence
% change
Monthly % change
Macroeconomic Indicators
GDP in Quarter 3 was revised downwards in late December. Annual growth is now thought to be 2.6%.
GDP per capita showed strong growth on a quarterly basis, with annual growth of 2%.
Unemployment fell to 5.8% in November 2014, a significant fall from the 7.1% in November 2013.
The rate of economic inactivity in November rose to 22.4% compared with 22.3% last year.
UK national debt rose by 6.8% in the past 12 months, reaching £1.483 trillion by the end of December. Despite solid GDP growth, falling income tax receipts hindered the government’s attempts to reduce the deficit.
Net public debt as a percentage of GDP rose by 1.6 percentage points in the last 12 months, reaching 80.9%. This is an increase over the 78.3% forecast in the 2013 Autumn Statement. Despite some deleveraging in the past year, high levels of household and nonfinancial corporation debt remain a significant worry for the UK economy - UK private debt as a percentage of GDP fell from 176% in Q2 2013 to 162% in the same quarter this year. The Office for Budget Responsibility does not expect this downward trend to continue; forecasts for 2015 onwards show an increase in private debt levels.
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December
2014
2014
2013
% change
Q3
Q2
£426,382
£415,577
2.60%
£426,382
£423,238
0.74%
£6,599
£6,472
1.96%
£6,599
£6,561
0.58%
5.8
7.1
-18.31%
22.4
22.3
0.45%
£1,483
£1,389
6.77%
Net Public debt (% of GDP)
80.9
79.3
2.02%
Net Private debt (% of GDP)***
162
176
-7.95%
Real GDP (CVM, £m)* Real GDP per capita (CVM, £)* Unemployment rate (%) ** Economically inactive rate (%) ** Net debt (£bn)
Quarterly growth
* Quarterly data **November 2014 is most recent available data *** Quarter 2 is most recent available data
Energy Prices
Domestic gas prices rose by 2.8% in real terms between Q3 2014 and Q3 2013. Domestic electricity prices rose by 3.4% in this period. Quarter-on-quarter prices for both gas and electricity fell by 0.9%.
December
2014
2014
2013
% change
Q3
Q2
Gas*
127.1
123.6
2.83%
127.1
128.3
Quarterly growth -0.94%
Electricity*
118.2
114.3
3.41%
118.2
119.3
-0.92%
Manufacturing Sector
“Factory gate inflation” as measured by PPI Output fell 0.8% in the year to December.
Input price inflation deepened to -10.7% from -8.2% in the previous month.
Eurozone manufacturing remained near stagnant in December, as downturns continued in France and Italy; growth in Germany is still muted. Eurozone PMI of 50.6 was slightly higher than the 50.1 seen in November.
UK PMI fell slightly in December to 52.5 from 53.5 in November. Despite failing exports to the Eurozone and emerging markets, the UK manufacturing sector continued to expand, thanks to strong domestic demand. December
2014
2014
2013
% change
December
November
107.4
108.3
-0.83%
107.4
107.7
-0.28%
Inflation - PPI (Input)
103
115.3
-10.67%
103
105.5
-2.37%
UK PMI (Manufacturing)
52.5
57.2
52.5
53.5
Eurozone PMI (Manufacturing)
50.6
52.7
50.6
50.1
Inflation - PPI (Output)
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Monthly % change
Charts – Housing
Quarterly Housing Starts and Completions 40000
35000
30000
Quarterly Total
25000
20000
15000
10000
5000
0 Q4 2012
Q1 2013
Q2 2013
Q3 2013 Housing Starts
Q4 2013 Housing Completions
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Q1 2014
Q2 2014
Q3 2014
Average House Price £195,000
£190,000
£185,000
£180,000
£175,000
£170,000
£165,000
£160,000
£155,000
£150,000
£145,000
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UK Construction PMI 70
65
60
55
50
45
40
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Nov-14
Oct-14
Sep-14
Aug-14
Jul-14
Jun-14
May-14
Apr-14
Mar-14
Feb-14
Jan-14
Dec-13
Nov-13
Oct-13
Sep-13
Aug-13
Jul-13
Jun-13
May-13
Apr-13
Mar-13
Feb-13
Jan-13
Dec-12
Nov-12
Charts – Consumer Sector
Consumer Confidence
5
0
-5
-10
-15
-20
-25
-30
-35
Retail Sales Value 114
112
110
108
106
104
102
100
98
96
Retail sales value including fuel
Retail sales value excluding fuel
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Consumer Inflation 129.0
260 258
128.0 256 254
127.0
252 126.0
CPI
RPI
250
248
125.0
246 124.0
244 242
123.0 240 122.0
238
Inflation - CPI
Inflation - RPI
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Charts – Macroeconomic Indicators
Unemployment and Inactivity 9
22.7
8
22.6
22.5
7
22.4
Unemployment Rate
6 22.3 5 22.2 4 22.1 3 22 2
21.9
1
21.8
0
21.7
Unemployment rate (%)
Economically inactive rate (%)
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Net Public Debt 82
81
80
79
% of GDP
78
77
76
75
74
73
72
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Charts – Manufacturing Sector
Manufacturing Inflation 125
120
115
110
105
100
95
90
Inflation - PPI (Output)
Inflation - PPI (Input)
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Manufacturing PMI 60
58
56
54
52
50
48
46
44
42
40
UK PMI - Manufacturing
Eurozone PMI
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50
3. Government Scheme Statistics Non-Domestic RHI Applications The Non-Domestic Renewable Heat Incentive (RHI) is a Government environmental programme that provides financial incentives to increase the uptake of renewable heat for non-domestic purposes.
December 2014 saw a surge in the number of applications to join the Non-Domestic Renewable Heat Incentive (RHI) scheme. 2,203 applications were made in December, compared with 245 in November 2014. The increase is largely attributable to the tariff reduction that came into effect on 1st January 2015. As of 31st December 2014, a total of 11,487 full applications had been made to join the NonDomestic RHI.
2014 Non-Domestic RHI Applications
Total-to-date
December
November
% change
2,203
245
799.18%
11,487
Domestic RHI Applications The Domestic RHI is a Government environmental programme that promotes the use of renewable heat for domestic purposes.
Aggregate monthly Domestic RHI applications continued to grow in December. Total applications (for both new and legacy installations) rose to 3,472, compared with 2,796 in November. Growth in the number of Biomass applications was particularly strong, seeing an increase of 139% over November’s figures. In total, 22,755 applications have been made under the domestic RHI scheme. 2014 Total-to-date (New and legacy installations)
December
November
Monthly % change
ASHP
802
1107
-27.55%
8,198
GSHP
345
445
-22.47%
3,431
Biomass
1,925
805
139.13%
6,420
Solar Thermal
400
439
-8.88%
4,706
Total
3,472
2,796
24.18%
22,755
Boiler Installations
Compared with November, December saw a fall in the number of boilers installed as a result of the Green Deal (GD) and Energy Company Obligation* (ECO) schemes.
The number of boilers installed through the ECO scheme fell by 3.8%.
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Boiler installations made through the Green Deal Home Improvement Fund (GDHIF) fell in December, as the effects of GDHIF Release 1 waned further.
The system for the Cashback scheme stopped making payments at the end of October 2014. The 12,739 boilers installed is the final figure as at 31st October 2014.
GDHIF release 2 commenced on 10th December 2014. Data on measures installed from the second phase will be available towards the end of Q1 2015. *Measures installed through ECO are at a lag of one month compared to other figures, due to the increased reporting and verification time. 2014 November
Monthly % change
Total-to-date
December GD Finance
319
317
0.63%
2,200
ECO
5,598
5,817
-3.76%
278,375
GDHIF Boiler
148
233
-36.48%
2,347
GDHIF FGHR
129
218
-40.83%
2,255
GD Cashback
0
0
Total
6,194
6,585
12,379 -5.94%
297,556
Green Deal Finance
Up to the end of December 2014, 8,973 measures have been installed using Green Deal Finance, with 1,034 installations made in December. Boilers and photovoltaics (included within the Micro-generation figure) accounted for nearly twothirds of new installations in December.
2014
Boilers Cavity Wall Insulation Loft Insulation Micro-generation Other Heating Other Insulation Solid Wall Insulation Window Glazing Total
December
November
Monthly % change
319
317
0.63%
14 68 309 76 60 183 5 1,034
5 102 309 120 68 137 2 1,060
180.00% -33.33% 0.00% -36.67% -11.76% 33.58% 150.00% -2.45%
Total-to-date
2,200 312 839 2,599 715 801 1,490 17 8,973
Green Deal Assessments and Plans
The number of Green Deal Assessments reached the 445,000 mark in December 2014.
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The 23,368 GD Assessments in December 2014 was a 28.6% decrease in comparison with November 2014.
Up to the end of December 2014, there were 8,348 GD plans in the system, an increase of 2.6% from the 8,133 plans at the end of November 2014.
Of these plans, 21% are in their first stage (“New Plans” – quote accepted), 22% are in the second stage (“Pending Plans” – Plan signed) and the remaining 57% are in the final stage (“Live Plans” – all measures installed).
2014 December
November
Monthly % change
GD Assessments
23,368
32,734
-28.61%
New GD Plans Pending GD Plans Live GD Plans Total GD Plans
1,763 1,864 4,721 8,348
2,285 1,887 3,961 8,133
-22.84% -1.22% 19.19% 2.64%
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Total-to-date
445,804
Charts – Non-Domestic RHI Applications
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Charts – Domestic RHI Applications
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Charts – Boiler Installations
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Charts – Green Deal Finance
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Charts – Green Deal Assessments and Plans
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4. Regional Housing Statistics Regional House Prices
House price growth in London and surrounding areas continued to outpace growth in other areas of the country. London saw annual house price growth of 21%, while prices in the Outer Metropolitan and Outer South-East areas grew by 14% and 13% respectively. Prices elsewhere saw more modest growth, particularly in the North of England (4.3%), Scotland (5.25%) and Wales (5.05%).
Average House Price* (£)
* Quarterly data
North Yorkshire & Humberside North West East Midlands West Midlands East Anglia Outer South-East Outer Metropolitan London South West Wales Scotland Northern Ireland
2014 £121,486 £142,816 £145,212 £155,747 £164,406 £194,212 £235,538 £301,612 £406,730 £210,847 £141,631 £142,527 £120,685
Quarter 4 2013 £116,417 £140,684 £139,916 £146,964 £153,965 £176,939 £213,007 £267,682 £345,186 £195,196 £139,722 £136,729 £111,612
% change 4.35% 1.52% 3.79% 5.98% 6.78% 9.76% 10.58% 12.68% 17.83% 8.02% 1.37% 4.24% 8.13%
Regional Housing Starts and Completions
The number of quarterly housing starts grew annually in 29 of the 39 regions listed. York and North Yorkshire (64.8%), Swindon and Wiltshire (68.8%) and Cumbria (53.6%) displayed the highest growth since Q3 2013. In the 10 regions where the number of housing starts fell, the effect was most pronounced in Cornwall and the Isles of Scilly, where the number of starts was 57% lower than in the same quarter last year. The number of quarterly housing completions grew annually in 25 of the 39 regions listed. Growth was strongest in the Tees Valley (120.9%), the Solent (84.9%) and Stoke and Staffordshire (65.7%). In the 14 regions where the number of completions fell, the decrease was most significant in the Humber (-41.8%).
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2014 460 580 740 1,280 390 640 430
December 2013 440 500 860 1,380 910 470 280
% change 4.55% 16.00% -13.95% -7.25% -57.14% 36.17% 53.57%
Derby, Derbyshire, Nottingham and Nottinghamshire Dorset Enterprise M3 Gloucestershire Greater Birmingham and Solihull
940 360 1,150 570 700
1,000 400 1,120 570 880
-6.00% -10.00% 2.68% 0.00% -20.45%
Greater Cambridge and Greater Peterborough Lincolnshire Greater Manchester Heart of the South West Hertfordshire Humber Lancashire Leeds City Region Leicester and Leicestershire Liverpool City Region Pan London New Anglia
1,220 730 1,040 1,790 670 380 960 1,730 1,060 660 4,140 1,050
1,360 710 910 1,750 900 510 870 1,550 750 790 5,000 920
-10.29% 2.82% 14.29% 2.29% -25.56% -25.49% 10.34% 11.61% 41.33% -16.46% -17.20% 14.13%
North Eastern Local Enterprise Partnerships Northamptonshire Oxfordshire Sheffield City Region Solent South East South East Midlands Stoke and Staffordshire Swindon and Wiltshire Tees Valley Thames Valley Berkshire The Marches Enterprise Partnership West of England Worcestershire York and North Yorkshire
1,430 990 590 970 1,060 2,180 2,280 520 810 690 910 590 840 600 890
1,340 780 390 960 1,100 2,530 1,880 400 480 520 740 500 670 510 540
6.72% 26.92% 51.28% 1.04% -3.64% -13.83% 21.28% 30.00% 68.75% 32.69% 22.97% 18.00% 25.37% 17.65% 64.81%
Black Country Buckinghamshire Thames Valley Cheshire and Warrington Coast to Capital Cornwall and the Isles of Scilly Coventry and Warwickshire Cumbria
House Starts*
* Quarterly data
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2014 320 360 520 760 300 380 230
December 2013 290 360 480 1,100 430 410 230
% change 10.34% 0.00% 8.33% -30.91% -30.23% -7.32% 0.00%
Derby, Derbyshire, Nottingham and Nottinghamshire Dorset Enterprise M3 Gloucestershire Greater Birmingham and Solihull
880 520 1,100 420 560
840 500 1,040 440 810
4.76% 4.00% 5.77% -4.55% -30.86%
Greater Cambridge and Greater Peterborough Lincolnshire Greater Manchester Heart of the South West Hertfordshire Humber Lancashire Leeds City Region Leicester and Leicestershire Liverpool City Region Pan London New Anglia
1,030 630 860 1,280 390 320 720 1,450 820 620 4,580 840
1,110 490 730 1,300 560 550 560 1,290 600 680 3,740 900
-7.21% 28.57% 17.81% -1.54% -30.36% -41.82% 28.57% 12.40% 36.67% -8.82% 22.46% -6.67%
North Eastern Local Enterprise Partnerships Northamptonshire Oxfordshire Sheffield City Region Solent South East South East Midlands Stoke and Staffordshire Swindon and Wiltshire Tees Valley Thames Valley Berkshire The Marches Enterprise Partnership West of England Worcestershire York and North Yorkshire
900 590 340 760 1,350 1,990 1,500 470 610 530 400 460 640 410 440
660 530 250 770 730 1,540 1,360 300 670 240 500 310 670 410 360
36.36% 11.32% 36.00% -1.30% 84.93% 29.22% 10.29% 56.67% -8.96% 120.83% -20.00% 48.39% -4.48% 0.00% 22.22%
Black Country Buckinghamshire Thames Valley Cheshire and Warrington Coast to Capital Cornwall and the Isles of Scilly Coventry and Warwickshire Cumbria
House Completions*
* Quarterly data
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5. Notes, Sources and Descriptions INDUSTRY TOTAL DOMESTIC GAS BOILER SALES
Description Number of combi boilers sold in preceding month, within the domestic market. Number of system boilers sold in preceding month, within the domestic market. Number of regular boilers sold in preceding month, within the domestic market.
Source Member companies
Total
Total number of boilers (all types) sold in preceding month, within the domestic market.
Member companies
Conventional
Number of conventional hot water storage cylinders sold in preceding month, within the domestic market. Number of renewable hot water storage cylinders sold in preceding month, within the domestic market. Total number of conventional hot water storage cylinders (all types) sold in preceding month, within the domestic market.
Member companies
Total
Total number of radiators sold in preceding month.
Member companies
Flat Plate
Solar Thermal Panels (Flat Plate) sold in preceding month, expressed in square metres. Solar Thermal Panels (Vacuum) sold in preceding month, expressed in square metres. Solar Thermal Panels (All) sold in preceding month, expressed in square metres.
Member companies
Number of electricity smart meters installed in previous quarter.
www.gov.uk - Smart meters statistics
Combi System Regular
HOT WATER STORAGE CYLINDERS
Renewable Total
RADIATORS SOLAR THERMAL PANELS (M2)
Vacuum Total
INSTALLED SMART METERS
Electric
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Member companies Member companies
Member companies Member companies
Member companies Member companies
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
Description A dwelling is counted as started on the date work begins on the laying of the foundation. A dwelling is regarded as complete when it becomes ready for occupation or when a completion certificate is issued. Average house price. Expressed as an index number for ease of comparison with prior values. Average UK house price, unadjusted for inflation. Estimate of the number of residential and non-residential property transactions in the UK and its constituent countries.
Source www.gov.uk - House building statistics www.gov.uk - House building statistics Nationwide Building Society House Price Index Nationwide Building Society House Price Index 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
UK PMI (Construction)
A survey of businesses in the construction industry. A value above 50 denotes growth.
Markit/CIPS
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
MACROECONOMIC
HOUSING
Starts Completions House price index Average House Price (£) Transactions
CONSUMERS
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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 New car sales
An aggregated measure of the sales of retail goods over a stated time period, excluding fuel sales. Number of new car registrations in the preceding month.
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. 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 Society of Motor Manufacturers and Traders Office of National Statistics - Key Economic Time Series Office of National Statistics - Key Economic Time Series
Inflation - RPI
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
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 (ÂŁbn)
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
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ENERGY PRICE INDICES
MANUFACTURING SECTOR
Net Private Debt (% of GDP)
Total household and nonfinancial corporation debt, expressed as a percentage of GDP.
Bank for International Settlements
Gas
Gas price, expressed as an index number.
Electricity
Electricity price, expressed as an index number.
www.gov.uk - Domestic energy price statistics www.gov.uk - Domestic energy price statistics
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. 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. A survey of businesses in the manufacturing sector (UK). A value above 50 denotes growth. A survey of businesses in the manufacturing sector (Eurozone). A value above 50 denotes growth.
Office of National Statistics - Key Economic Time Series
Description Number of non-domestic Renewable Heat Incentive applications.
Source www.gov.uk - RHI Monthly deployment data
Inflation - PPI (Input)
UK PMI (Manufacturing) Eurozone PMI (Manufacturing)
Office of National Statistics - Key Economic Time Series
Markit Markit
GOVERNMENT NON-DOMESTIC RHI APPLICATIONS
Total
DOMESTIC RHI APPLICATIONS
ASHP
Domestic Renewable Heat Incentive applications - Air source heat pump
www.gov.uk - RHI Monthly deployment data
GSHP
Domestic Renewable Heat Incentive applications - Ground source heat pump Domestic Renewable Heat Incentive applications - Biomass
www.gov.uk - RHI Monthly deployment data www.gov.uk - RHI Monthly deployment data
Biomass
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BOILER INSTALLATIONS
Solar Thermal
Domestic Renewable Heat Incentive applications - Solar thermal
www.gov.uk - RHI Monthly deployment data
GD Finance
Boiler installations using Green Deal Finance.
ECO
Boiler installations using Energy Companies Obligation.
GDHIF Boiler
Boiler installations through Green Deal Home Improvement Fund (Boiler). Boiler installations through Green Deal Home Improvement Fund (Flue Gas Heat Recovery).
www.gov.uk - Green Deal and ECO Statistics www.gov.uk - Green Deal and ECO Statistics www.gov.uk - Green Deal and ECO Statistics www.gov.uk - Green Deal and ECO Statistics
GDHIF FGHR
MEASURES INSTALLED USING GDF
GD Cashback
Boiler installations using Green Deal Cashback voucher.
www.gov.uk - Green Deal and ECO Statistics
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.
Micro-generation
Micro-generation measures installed using Green Deal Finance.
Other Heating
Other heating measures installed using Green Deal Finance.
Other Insulation
Other insulation measures installed using Green Deal Finance.
Solid Wall Insulation
Solid wall insulation installed using Green Deal Finance.
Window Glazing
Window glazing installed using Green Deal Finance.
www.gov.uk - Green Deal and ECO Statistics www.gov.uk - Green Deal and ECO Statistics www.gov.uk - Green Deal and ECO Statistics www.gov.uk - Green Deal and ECO Statistics www.gov.uk - Green Deal and ECO Statistics www.gov.uk - Green Deal and ECO Statistics
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GD ASSESSMENTS
Number of Green Deal assessments.
www.gov.uk - Green Deal and ECO Statistics
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
AVERAGE HOUSE PRICE
All Regions
Description Average house price, segmented by regions.
Source Nationwide Building Society House Price Index
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.
www.gov.uk - House building statistics
GD PLANS
Total
REGIONAL HOUSING DATA
Author: Graeme Reeves (graeme@eua.org.uk)
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