Latest Economic Data April 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 ......................................................................................................................................................... 13 Macroeconomic Indicators ......................................................................................................................................... 13 Energy Prices ............................................................................................................................................................... 14 Manufacturing Sector ................................................................................................................................................. 14 Charts – Housing ......................................................................................................................................................... 15 Charts – Consumer Sector........................................................................................................................................... 18 Charts – Macroeconomic Indicators ........................................................................................................................... 20 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 Feed-in Tariff Installations .......................................................................................................................................... 27 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 Charts – Feed-in Tariff Installations ............................................................................................................................ 34 4.
Regional Housing Statistics ...................................................................................... 35 Regional House Prices ................................................................................................................................................. 35 Regional Housing Starts and Completions .................................................................................................................. 35
5.
Notes, Sources and Descriptions .............................................................................. 38
2
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1. Industry Statistics Gas Boilers
Sale of gas boilers in March 2015 fell by 2.6% in comparison with March 2014. Year to date sales are 8.1% lower than at this time last year. The slower start to the year is largely attributable to the high volume of sales through the Energy Company Obligation (ECO) scheme in early 2014. Sales on a moving annual basis are 5.6% lower than last year.
Mar
Year-to-date
Moving Annual Total
2015
2014
% change
Combi
112,531
117,519
-4.2%
328,279
363,594
-9.7%
1,245,194
1,324,959
-6.0%
System
12,608
10,779
17.0%
37,346
33,232
12.4%
133,027
124,419
6.9%
Regular
21,666
22,388
-3.2%
61,908
68,144
-9.2%
247,740
272,238
-9.0%
Total
146,805
150,686
-2.6%
427,533
464,970
-8.1%
1,625,961
1,721,616
-5.6%
2015
2014
% change
This Year
Last Year
% change
Hot Water Storage Cylinders
Hot water storage cylinder sales in March 2015 were 4.91% higher than sales in March 2014. A decrease in the sales of cylinders for renewable systems was offset by 6.8% growth in the market for conventional cylinders. Year-to-date cylinder sales are 1.9% ahead of their 2014 mark. Sales on a moving annual basis are 0.9% lower than in the previous year.
Mar
Year-to-date
Moving Annual Total
2015
2014
% change
2015
2014
% change
This Year
Last Year
% change
Conventional
42,518
39,813
6.79%
120,059
115,961
3.53%
449,242
449,647
-0.09%
Renewable
2,550
3,147
-18.97%
7,290
8,977
-18.79%
31,153
34,856
-10.62%
Total
45,068
42,960
4.91%
127,349
124,938
1.93%
480,395
484,503
-0.85%
Radiators
Sales of radiators in March 2015 rose by 6.3% in comparison with March 2014. Moving annual sales are marginally higher than in March 2015. 2015 has seen a slower start to the year than 2014; year-to-date sales are 6% lower than at this time last year.
Mar
Radiators
Year-to-date
Moving Annual Total
2015
2014
% change
2015
2014
% change
This Year
Last Year
% change
576,227
542,352
6.25%
1,654,239
1,760,334
-6.03%
6,125,988
6,117,112
0.15%
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Solar Thermal Panels
Sales of solar thermal panels in March 2015 were 41% lower than in March 2014. Sales for the year-to-date are 45% lower than at this point last year.
Mar
Year-to-date 2015
2014
% change
Moving Annual Total This Last % Year Year change
2015
2014
% change
Flat Plate (m²)
1,514.5
2,663.6
-43.14%
4,206.6
7,688.9
-45.29%
21,108.4
27,647.9
-23.65%
Vacuum (m²)
293.5
388.7
-24.50%
892.2
1,602.8
-44.33%
5,159.4
7,970.0
-35.26%
Total (m²)
1,808.0
3,052.4
-40.77%
5,098.9
9,291.7
-45.12%
26,267.8
35,617.9
-26.25%
Smart Meter Installations
A total of 142,693 smart meters were installed in Quarter 4 of 2014. Quarter 4’s figures bring the cumulative total of installed smart meters to 764,806. Of these, 452,860 are electrical smart meters and 311,946 are gas meters.
Q4
Total to date
2014
2013
% change
82,081
55,603
47.62%
452,860
Gas
60,882
39,730
53.24%
311,946
Total
142,693
95,333
49.68%
764,806
Electric
4
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Charts – Gas Boilers
Monthly Boiler Sales 200000 180000 160000 140000 120000 100000 80000
60000 40000 20000 0
5
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Boiler Sales by Type
Combi
System
Regular
6
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Conventional Renewable
7
Back to Table of Contents Total Cylinders
Mar-15
Feb-15
Jan-15
Dec-14
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 – Hot Water Storage Cylinders
Hot Water Cylinder Sales
60000
50000
40000
30000
20000
10000
0
Charts – Radiators
Monthly Radiator Sales 700000
600000
500000
400000
300000
200000
100000
0
8
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Charts – Solar Thermal Panels
Monthly Solar Thermal Panel Sales 5000 4500 4000 3500
3000 2500 2000 1500 1000 500 0
9
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Solar Thermal Panel Sales by Type
Flat Plate
Vacuum
10
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Charts – Smart Meter Installations
Smart Meter Installations 160000
140000
120000
Installations
100000
80000
60000
40000
20000
0 Q4 2012
Q1 2013
Q2 2013
Q3 2013
Q4 2013
Electric
Gas
Q1 2014
Q2 2014
Total
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Q3 2014
Q4 2014
2. Macroeconomic Statistics Housing
Seasonally adjusted housing starts in England were estimated at 29,800 for Quarter 4 2014 – a decrease of 8.7% over Quarter 4 2013. Seasonally adjusted completions for Q4 2014 were 30,760 - an increase of 7.9% over 28,510 in Q4 2013.
In March 2015, the price of the average UK house reached £189,454. Price growth on an annual basis was 5.1%. Annual house price growth slowed further in March, marking the seventh consecutive month in which the rate of growth has softened.
There were a total of 100,790 residential property transactions in March 2015. This was a decline of 2.5% in comparison with March 2014.
Gross mortgage lending reached £16.5 billion in March 2015 – rising from £15.4 billion in March 2014. Gross mortgage lending for the year to date reached £45 billion. This is 3% lower than at this time in 2014.
The UK construction purchasing managers’ index* (PMI) fell to 57.8 in March, down from 60.1 in February and 62.5 in March 2014. *A PMI value of more than 50 represents expansion of the sector, anything below 50 signifies a contraction.
Mar
Year-to-date
2015
2014
% change
2015
2014
% change
Starts* **
29,800
32,650
-8.73%
136,120
124,650
9.20%
Completions* **
30,760
28,510
7.89%
118,830
109,570
8.45%
House price index ***
380.4
361.5
5.22%
-
Average House Price (£) ***
£189,454
£180,264
5.10%
-
Transactions
100,790
103,370
-2.50%
298,180
316,400
-5.76%
Gross mortgage lending £m
£16,500
£15,433
6.91%
£44,905
£46,311
-3.04%
62.5
-
UK PMI (Construction)
57.8
* Quarterly data ** Q4 2014 is most recent available data *** House price index is seasonally adjusted
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-
Consumer Sector
UK consumer confidence rose to 4 in March, increasing from 1 in February and -5 in March 2014.
Retail sales value grew in March by 0.7% annually (5% excluding fuel), although sales on a monthly basis are 0.4% lower than February.
New car registrations continued to see annual growth in March 2015. Monthly sales were 492,774 in March 2015, the best month since twice-yearly number plate changes were introduced.
Inflation on an annual basis - as measured by the Consumer Price Index – fell to -0.1% in March.
Annual inflation – as measured by the Retail Price Index – remained positive at 0.9%.
Mar 2015
2014
4
-5
Mar-15
Feb-15
4
1
Retail sales value including fuel
108.7
107.9
0.74%
108.7
109.1
-0.37%
Retail sales value excluding fuel
110.9
105.6
5.02%
110.9
110.7
0.18%
New car sales
492,774
464,824
6.01%
492,774
76,958
540.32%
Inflation - CPI
127.6
127.7
-0.08%
127.6
127.4
0.16%
Inflation - RPI
257.1
254.8
0.90%
257.1
256.7
0.16%
Consumer confidence
% change
Monthly % change
Macroeconomic Indicators
Gross Domestic Product grew by 3% on an annual basis. Meanwhile, GDP per capita continued to show strong growth, with annual growth of 2.3%.
Unemployment fell to 5.6% in January 2015, a significant fall from 6.9% in January 2014.
The rate of economic inactivity remained at 22.1% in March.
UK national debt rose by 5.9% in the past 12 months, reaching £1.484 trillion by the end of March.
Net public debt as a percentage of GDP rose by 1.3 percentage points in the last 12 months, reaching 80.4%.
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Mar
Real GDP (CVM, £m)* Real GDP per capita (CVM, £)*
2015
2014
% change
£429,673
£417,265
2.97%
£6,639
£6,489
2.31%
5.6
6.9
-18.84%
22.1
22.1
0.00%
£1,484
£1,402
5.86%
80.4
79.1
1.64%
Unemployment rate (%) ** Economically inactive rate (%) ** Net debt (£bn) Net Public debt (% of GDP)
* Quarterly data, Q4 2014 is most recent available data. **January 2015 is most recent available data
Energy Prices
Domestic gas prices rose by 1.7% in real terms between Q4 2014 and Q3 2014. Domestic electricity prices rose by 2.4% in this period.
2014 2014 Q4
2013 Q4
% change
Q4
Q3
Quarterly growth
Gas*
128.1
126.0
1.67%
Electricity*
119.2
116.4
2.41%
128.1
128
0.08%
119.2
118.9
0.25%
Manufacturing Sector
“Factory gate inflation” as measured by PPI Output fell to -1.65% in the year to March.
Annual input price inflation deepened to -13%, although month-on-month inflation was positive.
Eurozone manufacturing expanded more quickly in March than previous months. The weakening Euro led to improved export order inflows. Eurozone PMI of 52.2 was significantly higher than the 51 seen in February.
UK PMI rose to 54.4 in March, reaching an eight-month high. Mar 2015
2014
Inflation - PPI (Output)
107
108.8
Inflation - PPI (Input)
98.6
113.3
UK PMI (Manufacturing)
54.4
55.8
Eurozone PMI (Manufacturing)
52.2
53
% change
Mar-15
Feb-15
-1.65%
107
106.8
0.19%
-12.97%
98.6
98.3
0.31%
-
54.4
54
0.74%
-
52.2
51
2.35%
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Monthly % change
Charts – Housing
Housing Starts and Completions 40000
35000
30000
25000
20000
15000
10000
5000
0
Q4 2012
Q1 2013
Q2 2013
Q3 2013 Starts
Q4 2013
Q1 2014
Completions
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Q2 2014
Q3 2014
Q4 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
17
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18
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Feb-15
Jan-15
Dec-14
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
Oct-12
Sep-12
Aug-12
Charts – Consumer Sector
Consumer Confidence
10
5
0
-5
-10
-15
-20
-25
-30
-35
Retail Sales Value 115
110
105
100
95
90
85 Feb-08
Jul-08
Dec-08 May-09 Oct-09 Mar-10 Aug-10 Jan-11
Jun-11 Nov-11 Apr-12 Sep-12 Feb-13
Retail sales value including fuel
Jul-13
Retail sales value excluding fuel
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Dec-13 May-14 Oct-14 Mar-15
Charts – Macroeconomic Indicators
Inflation - Consumer 130
270
260
125
250 120 240 115 230 110 220
105
210
100 200 Feb-08 Jul-08 Dec-08 May-09 Oct-09 Mar-10 Aug-10 Jan-11 Jun-11 Nov-11 Apr-12 Sep-12 Feb-13 Jul-13 Dec-13 May-14 Oct-14 Mar-15 Inflation - CPI
Inflation - RPI
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Unemployment and Inactivity 9
24
8
23.5
7
23
6
22.5
5
22
4
21.5
3
21
Unemployment rate (%)
Economically inactive rate (%)
21
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Net Public Debt (% of GDP) 90
80
70
60
50
40
30
20
10
0
22
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Feb-08 Apr-08 Jun-08 Aug-08 Oct-08 Dec-08 Feb-09 Apr-09 Jun-09 Aug-09 Oct-09 Dec-09 Feb-10 Apr-10 Jun-10 Aug-10 Oct-10 Dec-10 Feb-11 Apr-11 Jun-11 Aug-11 Oct-11 Dec-11 Feb-12 Apr-12 Jun-12 Aug-12 Oct-12 Dec-12 Feb-13 Apr-13 Jun-13 Aug-13 Oct-13 Dec-13 Feb-14 Apr-14 Jun-14 Aug-14 Oct-14 Dec-14 Feb-15
Charts – Manufacturing Sector
Inflation - Manufacturing
125
120
115
110
105
100
95
90
85
80
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
24
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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.
March 2015 saw a surge in the number of applications to join the Non-Domestic RHI scheme. 1,353 applications were made in March, compared with 122 in February. The increase is largely attributable to the tariff reduction that came into effect on 1st April 2015. As of 31st March 2015, a total of 13,023 applications had been made to join the scheme.
Non-Domestic RHI Applications
Mar-15
Feb-15
% change
Total-to-date
1,353
122
1009.02%
13,023
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 March. 8,539 applications (for both new and legacy installations) were made in March, compared with 3,286 in February. In total, 36,707 applications have been made under the domestic RHI scheme.
Total-to-date (New and legacy installations)
Mar-15
Feb-15
Monthly % change
ASHP
4,445
1934
129.83%
15,445
GSHP
917
487
88.30%
5,398
Biomass
2,128
401
430.67%
9,247
Solar Thermal
1,049
464
126.08%
6,617
Total
8,539
3,286
159.86%
36,707
Boiler Installations
Compared with February, March saw a 6% rise in the number of boilers installed through Green Deal Finance.
The number of boilers installed through the ECO* scheme fell by 0.3%. *Measures installed through ECO are at a lag of one month compared to other figures, due to the increased reporting and verification time.
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Mar-15
Feb-15
Monthly % change
Total-to-date
GD Finance
417
394
5.84%
3,327
ECO
5,538
5,554
-0.29%
295,276
GDHIF Boiler
88
154
-42.86%
2,703
GDHIF FGHR
46
109
-57.80%
2,495
Total
6,089
6,211
-1.96%
303,801
Green Deal Finance
Up to the end of March 2015, 11,795 measures have been installed using Green Deal Finance, with 1,109 installations in March. Boilers and photovoltaics (included within the Micro-generation figure) accounted for nearly twothirds of new installations in March.
Boilers Cavity Wall Insulation Loft Insulation Micro-generation Other Heating Other Insulation Solid Wall Insulation Window Glazing Total
Mar-15
Feb-15
Monthly % change
Total-to-date
417
394
5.84%
3,327
21 39 317 113 39 161 2 1,109
7 47 248 72 41 106 0 915
200.00% -17.02% 27.82% 56.94% -4.88% 51.89% #DIV/0! 21.20%
341 977 3,347 982 933 1,865 23 11,795
Green Deal Assessments and Plans
The cumulative number of Green Deal Assessments reached 529,354 in March 2015. The 27,450 GD Assessments in March 2015 was a 2.8% decrease in comparison with February.
Up to the end of March 2015, there were 12,076 GD plans in the system, an increase of 18% over February.
Of these plans, 25% are in their first stage (“New Plans” – quote accepted), 19% are in the second stage (“Pending Plans” – Plan signed) and the remaining 56% are in the final stage (“Live Plans” – all measures installed).
Mar-15
Feb-15
Monthly % change
Total-to-date
GD Assessments
27,450
28,238
-2.79%
529,354
New GD Plans Pending GD Plans Live GD Plans Total GD Plans
2,970 2,297 6,809 12,076
2,943 1,939 5,964 10,846
0.92% 18.46% 14.17% 11.34%
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Feed-in Tariff Installations
The number of Feed-in Tariff commissioned installations reached 680,000 in March 2015. There were a total of 16,089 new installations in March, the vast majority (99.6%) of these were solar PV installations. Of the cumulative installed capacity, 84% is accounted for by PV installations and 11% by wind.
PV Hydro Wind AD Micro CHP Total
Mar-15 16,024 0 64 0 1 16,089
Feb-15 10,377 3 12 0 7 10,399
Monthly % change 54.42% -100.00% 433.33% #DIV/0! -85.71% 54.72%
Total-to-date 673,642 636 6,830 165 643 681,916
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Cumulative Installed capacity (MW) 2,985 70 396 105 1 3,556
28
Back to Table of Contents Mar-15
Feb-15
Jan-15
Dec-14
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
Oct-12
Sep-12
Aug-12
Jul-12
Jun-12
May-12
Apr-12
Mar-12
Feb-12
Jan-12
Dec-11
Nov-11
Charts – Non-Domestic RHI Applications
Non-Domestic RHI Applications
14000
12000
10000
8000
6000
4000
2000
0
Charts – Domestic RHI Applications
Domestic RHI Installations by Type - Cumulative
ASHP
GSHP
Biomass
Solar Thermal
29
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Charts – Boiler Installations
Monthly Boiler Installations by Scheme
GD Finance
ECO
GDHIF Boiler
GDHIF FGHR
30
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Charts – Green Deal Finance
Green Deal Finance Measures Installed by Type (Monthly)
Boilers
Cavity Wall Insulation
Loft Insulation
Micro-generation
Other Heating
Other Insulation
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Solid Wall Insulation
Window Glazing
Charts – Green Deal Assessments and Plans
Monthly Green Deal Assessments 40000
35000
30000
25000
20000
15000
10000
5000
0
32
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Green Deal Plans 8000
7000
6000
5000
4000
3000
2000
1000
0
New
Pending
Live
33
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Charts – Feed-in Tariff Installations
Feed-in Tariff Installations 800000
700000
600000
500000
400000
300000
200000
100000
0
PV
Hydro
Wind
AD
mCHP
34
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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 13%, while prices in the Outer Metropolitan and Outer South-East areas grew by 12% and 8% respectively. House prices in Wales fell in comparison with Q1 2014, while price growth in Yorkshire and Scotland fell to 1%.
Average House Price* (£)
North Yorkshire & Humberside North West East Midlands West Midlands East Anglia Outer South-East Outer Metropolitan London South West Wales Scotland Northern Ireland
2015 £125,299 £141,647 £144,145 £158,575 £161,989 £193,772 £235,747 £306,931 £408,780 £209,585 £139,171 £140,180 £121,052
Q1 2014 £119,702 £139,775 £141,276 £149,714 £154,690 £179,718 £217,534 £273,998 £362,699 £198,325 £139,911 £138,386 £114,495
% change 4.68% 1.34% 2.03% 5.92% 4.72% 7.82% 8.37% 12.02% 12.71% 5.68% -0.53% 1.30% 5.73%
Regional Housing Starts and Completions
In Q4 2014, the number of quarterly housing starts grew annually in 18 of the 39 regions listed. Coventry and Warwickshire (66%) and Northamptonshire (60%) displayed the highest growth since Q4 2013. In the 19 regions where the number of starts fell, the effect was most pronounced in Cornwall and the Isles of Scilly, where the number of starts was 49% lower than in the same quarter last year. The number of quarterly housing completions grew annually in 27 of the 39 regions listed. Growth was strongest in Leicestershire (71%) and Berkshire (60%). In the 11 regions where the number of completions fell, the decrease was most significant in the Humber (-30%).
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2014 380 380 500 930 290 580 280
Q4 2013 390 280 540 1,460 570 350 280
% change -2.56% 35.71% -7.41% -36.30% -49.12% 65.71% 0.00%
930 220 930 400 490
770 200 750 360 510
20.78% 10.00% 24.00% 11.11% -3.92%
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
770 430 900 1,070 410 370 530 1,420 750 290 3,040 770
960 560 740 1,470 360 700 700 1,210 570 600 5,130 930
-19.79% -23.21% 21.62% -27.21% 13.89% -47.14% -24.29% 17.36% 31.58% -51.67% -40.74% -17.20%
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
890 750 330 570 840 1,830 1,580 420 510 420 340 470 500 420 540
960 470 330 820 960 1,690 1,560 320 580 390 450 360 550 390 460
-7.29% 59.57% 0.00% -30.49% -12.50% 8.28% 1.28% 31.25% -12.07% 7.69% -24.44% 30.56% -9.09% 7.69% 17.39%
Black Country Buckinghamshire Thames Valley Cheshire and Warrington Coast to Capital Cornwall and the Isles of Scilly Coventry and Warwickshire Cumbria Derby, Derbyshire, Nottingham and Nottinghamshire Dorset Enterprise M3 Gloucestershire Greater Birmingham and Solihull
Quarterly House Starts
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2014 500 390 670 1,070 430 630 290
Q4 2013 460 440 460 1,030 290 500 280
% change 8.70% -11.36% 45.65% 3.88% 48.28% 26.00% 3.57%
Derby, Derbyshire, Nottingham and Nottinghamshire Dorset Enterprise M3 Gloucestershire Greater Birmingham and Solihull
890 390 1,130 560 580
920 400 1,190 500 710
-3.26% -2.50% -5.04% 12.00% -18.31%
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
1,370 750 1,010 1,750 530 350 860 1,490 1,110 600 4,590 1,200
1,250 730 660 1,760 700 500 570 1,480 650 460 4,250 950
9.60% 2.74% 53.03% -0.57% -24.29% -30.00% 50.88% 0.68% 70.77% 30.43% 8.00% 26.32%
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
1,180 760 480 950 1,390 2,150 1,840 490 640 500 640 530 700 490 560
1,050 600 580 700 930 2,130 1,770 470 880 390 400 530 770 370 370
12.38% 26.67% -17.24% 35.71% 49.46% 0.94% 3.95% 4.26% -27.27% 28.21% 60.00% 0.00% -9.09% 32.43% 51.35%
Black Country Buckinghamshire Thames Valley Cheshire and Warrington Coast to Capital Cornwall and the Isles of Scilly Coventry and Warwickshire Cumbria
Quarterly House Completions
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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. Total number of boilers (all types) sold in preceding month, within the domestic market.
Source Member companies
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. 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 Total
HOT WATER STORAGE CYLINDERS
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.
Source www.gov.uk - House building statistics www.gov.uk - House building statistics Nationwide Building Society House Price Index
Average UK house price, unadjusted for inflation.
Nationwide Building Society House Price Index www.gov.uk - Monthly Property Transactions Council of Mortgage Lenders – Statistics
MACROECONOMIC
HOUSING
Starts Completions House price index Average House Price (£) Transactions
CONSUMERS
Gross mortgage lending (£m)
Estimate of the number of residential and non-residential property transactions in the UK and its constituent countries. All new lending done in a given period, including remortgaging and new loans for house purchase.
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
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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
Domestic Renewable Heat Incentive applications - Air source heat pump Domestic Renewable Heat Incentive applications - Ground source heat pump
www.gov.uk - RHI Monthly deployment data www.gov.uk - RHI Monthly deployment data
Domestic Renewable Heat Incentive applications - Biomass
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 GSHP Biomass
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BOILER INSTALLATIONS
MEASURES INSTALLED USING GDF
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.
www.gov.uk - Green Deal and ECO Statistics 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
Boilers
Boilers installed using Green Deal Finance.
Cavity Wall Insulation
Cavity Wall Insulation installed using Green Deal Finance.
Loft Insulation
Loft insulation installed using Green Deal Finance.
Micro-generation
Micro-generation measures 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
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.
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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
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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