Latest Economic Data May 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 ............................................................................................................................. 10
2.
Macroeconomic Statistics ......................................................................................... 11 Housing ....................................................................................................................................................................... 11 Consumer Sector ......................................................................................................................................................... 12 Macroeconomic Indicators ......................................................................................................................................... 12 Energy Prices ............................................................................................................................................................... 13 Manufacturing Sector ................................................................................................................................................. 13 Charts – Housing ......................................................................................................................................................... 14 Charts – Consumer Sector........................................................................................................................................... 16 Charts – Macroeconomic Indicators ........................................................................................................................... 19 Charts – Manufacturing Sector ................................................................................................................................... 21
3.
Government Scheme Statistics ................................................................................. 23 Non-Domestic RHI Applications .................................................................................................................................. 23 Domestic RHI Applications .......................................................................................................................................... 23 Boiler Installations ...................................................................................................................................................... 23
Green Deal Finance ..................................................................................................................................................... 24 Green Deal Assessments and Plans ............................................................................................................................ 24 Feed-in Tariff Installations .......................................................................................................................................... 25 Charts – Non-Domestic RHI Applications .................................................................................................................... 26 Charts – Domestic RHI Applications ............................................................................................................................ 27 Charts – Boiler Installations ........................................................................................................................................ 28 Charts – Green Deal Finance ....................................................................................................................................... 28 Charts – Green Deal Assessments and Plans .............................................................................................................. 30 Charts – Feed-in Tariff Installations ............................................................................................................................ 32 4.
Regional Housing Statistics ...................................................................................... 33 Regional House Prices ................................................................................................................................................. 33 Regional Housing Starts and Completions .................................................................................................................. 33
5.
Notes, Sources and Descriptions .............................................................................. 36
2
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1. Industry Statistics Gas Boilers
Sale of gas boilers in April 2015 fell by 3.2% in comparison with April 2014. Year-to-date sales are 7% lower than at this time last year, while sales on a moving annual basis are 5.9% lower than last year.
Apr
Year-to-date
Moving Annual Total
2015
2014
% change
2015
2014
% change
This Year
Last Year
% change
Combi
97,778
99,291
-1.5%
426,057
462,885
-8.0%
1,243,681
1,326,661
-6.3%
System
12,392
10,937
13.3%
49,738
44,169
12.6%
134,482
126,298
6.5%
Regular
14,615
18,631
-21.6%
76,523
86,775
-11.8%
243,724
270,168
-9.8%
Total
124,785
128,859
-3.2%
552,318
593,829
-7.0%
1,621,887
1,723,127
-5.9%
Hot Water Storage Cylinders
Hot water storage cylinder sales in April 2015 were 15.25% higher than sales in April 2014. A decrease in the sales of cylinders for renewable systems was offset by strong growth in the market for conventional cylinders. Year-to-date cylinder sales are nearly 5% ahead of their 2014 mark. Sales on a moving annual basis are 1% lower than in the previous year.
Apr
Year-to-date
Moving Annual Total
2015
2014
% change
2015
2014
% change
This Year
Last Year
% change
Conventional
39,674
33,913
16.99%
159,733
149,874
6.58%
455,003
446,621
1.88%
Renewable
2,377
2,575
-7.69%
9,667
11,552
-16.32%
30,955
34,458
-10.17%
Total
42,051
36,488
15.25%
169,400
161,426
4.94%
485,958
481,079
1.01%
Radiators
Sales of radiators in April 2015 rose by 14% in comparison with April 2014. Despite the monthly increase, 2015 has seen a slower start to the year than 2014; year-to-date sales are 1.9% lower than at this time last year. Moving annual sales are marginally higher than in April 2015.
Apr
Radiators
Year-to-date
Moving Annual Total
2015
2014
% change
2015
2014
% change
This Year
Last Year
% change
517,629
453,752
14.08%
2,172,079
2,214,086
-1.90%
6,190,076
6,094,932
1.56%
3
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Solar Thermal Panels
Sales of solar thermal panels in April 2015 were 43% lower than in April 2014.
Sales for the year-to-date are 29% lower than at this point last year.
Apr
Year-to-date 2015
2014
% change
Moving Annual Total This Last % Year Year change
2015
2014
% change
Flat Plate (m²)
1,509.4
2,422.9
-37.70%
5,716.0
10,111.8
-43.47%
20,194.9
27,373.4
-26.22%
Vacuum (m²)
188.3
567.2
-66.81%
1,080.5
2,170.0
-50.21%
4,780.5
7,696.0
-37.88%
Total (m²)
1,697.7
2,990.0
-43.22%
6,796.5
12,281.8
-44.66%
24,975.5
35,069.4
-28.78%
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
Electric
82,081
55,603
47.62%
452,860
Gas
60,882
39,730
53.24%
311,946
Total
142,963
95,333
49.96%
764,806
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Back to Table of Contents Apr-15
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 – Gas Boilers
Monthly Boiler Sales
200000
180000
160000
140000
120000
100000
80000
60000
40000
20000
0
Boiler Sales by Type
Combi
System
Regular
6
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Conventional Renewable
7
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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
Monthly 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
Flat Plate
Vacuum
9
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Charts – Smart Meter Installations
Monthly Smart Meter Installations 160000
140000
120000
Installations
100000
80000
60000
40000
20000
0 Prior to Q3 2012
Q3 2012
Q4 2012
Q1 2013
Q2 2013 Electricity
Q3 2013
Q4 2013
Gas
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Q1 2014
Q2 2014
Q3 2014
Q4 2014
2. Macroeconomic Statistics Housing
Seasonally adjusted housing starts in England were estimated at 40,300 for Quarter 1 2015 – an increase of 11% over Quarter 1 2014. There were 34,040 (seasonally adjusted) house completions in England in Quarter 1 2015 – an increase of 21% over Quarter 1 2014.
In April 2015, the price of the average UK house reached £193,048. Price growth on annual basis was 5.2%, edging up from 5.1% in March.
In April 2015, there were a total of 97,020 property transactions – a decline of 5.6% in comparison with April 2014.
Gross mortgage lending fell to £16 billion in April 2015, from £16.7 billion in April 2014. Mortgage lending for the first third of 2015 is 4% lower than the equivalent period in 2014.
The UK Construction Purchasing Managers’ Index fell sharply to 54.2, from 57.8 in March. Although business activity growth is at its lowest point for 22 months, the figure represents a solid overall pace of expansion. *A PMI value of more than 50 represents expansion of the sector, anything below 50 signifies a contraction.
Apr
Year-to-date
2015
2014
% change
2015
2014
% change
Starts* **
40,300
36,300
11.02%
40,300
36,300
11.02%
Completions* **
34,040
28,090
21.18%
34,040
28,090
21.18%
House price index ***
384.7
365.8
5.16%
-
£193,048
£183,577
5.16%
-
Transactions
97,020
102,780
-5.60%
392,790
418,850
-6.22%
Gross mortgage lending £m
£16,000
£16,704
-4.21%
£60,522
£63,015
-3.96%
60.8
-
Average House Price (£) ***
UK PMI (Construction)
54.2
* Quarterly data ** Q1 2015 is most recent available data *** House price index is seasonally adjusted
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-
Consumer Sector
UK consumer confidence remained unchanged at 4 in April, a significant rise from -3 in April 2014.
In April 2015, the value of retail sales grew by 1.8% annually (2.8% excluding fuel), while sales on a monthly basis are 1.1% higher (0.9% excluding fuel) than in March 2015.
New car registrations continued to see annual growth in April 2015. April’s figure of 185,778 registrations represented the 38th consecutive month of annual growth.
Inflation on an annual basis – as measured by the Consumer Price Index – fell to -0.1% in April. As in previous months, suppressed food and fuel prices dragged down the overall level of inflation. A fall in the price of travel services (air fares etc.) was the largest contributor to April’s negative value.
Inflation – as measured by the Retail Price Index – stood at 0.9%.
Apr 2015
2014
4
-3
Apr-15
Mar-15
4
4
Retail sales value including fuel
109.8
107.9
1.76%
109.8
108.6
1.10%
Retail sales value excluding fuel
113
109.9
2.82%
113
112
0.89%
New car sales
185,778
176,820
5.07%
185,778
492,774
-62.30%
Inflation - CPI
128
128.1
-0.08%
128
127.6
0.31%
Inflation - RPI
258
255.7
0.90%
258
257.1
0.35%
Consumer confidence
% change
Monthly % change
Macroeconomic Indicators
GDP is estimated to have grown by 2.4% compared with Q1 2014. On a quarterly basis, GDP is estimated to have increased by 0.3%. Output in the services sector increased by 0.5% in Q1 2015. However, output in the other industrial groupings fell – construction output fell by 1.6%, production by 0.1% and agriculture by 0.2%.
Unemployment fell to 5.5% in February 2015, a small fall from 5.6% in January.
The rate of economic inactivity remained at 22.1%.
UK national debt rose by 5.95% in the past 12 months, reaching £1.488 trillion at the end of April.
Net public debt as a percentage of GDP rose by 1.5 percentage points in the last 12 months, reaching 80.4%.
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Apr
Real GDP (CVM, £m)* Real GDP per capita (CVM, £)* Unemployment rate (%) ** Economically inactive rate (%) ** Net debt (£bn) Net Public debt (% of GDP)
2015
2014
% change
£430,962
£420,946
2.38%
£6,639
£6,489
2.31%
5.5
6.6
-16.67%
22.1
22.1
0.00%
£1,488
£1,404
5.95%
80.4
78.9
1.90%
* Quarterly data, Q1 2015 is most recent available data. **February 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 Q4 2014
Q4 2013
% change
Q4
Q3
Quarterly growth
Gas*
128.1
126.0
1.67%
128.1
128
0.08%
Electricity*
119.2
116.4
2.41%
119.2
118.9
0.25%
Manufacturing Sector
“Factory gate inflation” (Producer Price Index Output) fell to -1.74% in the year to April.
Annual input price inflation remains strongly negative at -11.7%.
UK Manufacturing PMI fell to 51.9 in April, from a revised 54.0 in March.
The Eurozone manufacturing sector continued to expand for the 22nd consecutive month. Eurozone PMI came in at 52.0 in April 2015, a decrease of 1.4 points compared with April 2014.
Apr 2015
2014
% change
Apr-15
Mar-15
Inflation - PPI (Output)
107
108.9
-1.74%
107
106.9
0.09%
Inflation - PPI (Input)
99.2
112.3
-11.67%
99.2
98.8
0.40%
UK PMI (Manufacturing)
51.9
57.3
-
51.9
54
-3.89%
52
53.4
-
52
52.2
-0.38%
Eurozone PMI (Manufacturing)
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Monthly % change
Charts – Housing
Housing Starts and Completions 45000 40000 35000 30000 25000 20000 15000 10000 5000 0 Q4 2012
Q1 2013
Q2 2013
Q3 2013
Q4 2013 Starts
Q1 2014
Completions
14
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Q2 2014
Q3 2014
Q4 2014
Q1 2015
UK Construction PMI 70
65
60
55
50
45
40
15
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16
Back to Table of Contents Apr-15
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
Charts – Consumer Sector
Consumer Confidence
10
5
0
-5
-10
-15
-20
-25
-30
-35
Retail Sales Inc Fuel
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Mar-15
Jan-15
Nov-14
Sep-14
Jul-14
May-14
Mar-14
Jan-14
Nov-13
Sep-13
Jul-13
May-13
Mar-13
Jan-13
Nov-12
Sep-12
Jul-12
May-12
Mar-12
Jan-12
Nov-11
Sep-11
Jul-11
May-11
Mar-11
Jan-11
Nov-10
Sep-10
Jul-10
May-10
Mar-10
Jan-10
Retail Sales Value - Year on Year Change
9.00%
8.00%
7.00%
6.00%
5.00%
4.00%
3.00%
2.00%
1.00%
0.00%
CPI
-1.00% RPI
18
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Jan-15
Nov-14
Sep-14
Jul-14
May-14
Mar-14
Jan-14
Nov-13
Sep-13
Jul-13
May-13
Mar-13
Jan-13
Nov-12
Sep-12
Jul-12
May-12
Mar-12
Jan-12
Nov-11
Sep-11
Jul-11
May-11
Mar-11
Jan-11
Nov-10
Sep-10
Jul-10
May-10
Mar-10
Jan-10
% Change - Year-on-year
Inflation - Consumer
6.00%
5.00%
4.00%
3.00%
2.00%
1.00%
0.00%
Charts – Macroeconomic Indicators
9
24
8
23.5
7
23
6
22.5
5
22
4
21.5
3
21
Axis Title Unemployment rate (%)
Economically inactive rate (%)
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Economically Inactive %
Unemployment %
Unemployment and Inactivity
Net Public Debt (% of GDP) 90
80
70
60
50
40
30
20
10
0
20
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PPI Input
-5.00%
-10.00%
-15.00% PPI Output
21
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Mar-15
Jan-15
Nov-14
Sep-14
Jul-14
May-14
Mar-14
Jan-14
Nov-13
Sep-13
Jul-13
May-13
Mar-13
Jan-13
Nov-12
Sep-12
Jul-12
May-12
Mar-12
Jan-12
Nov-11
Sep-11
Jul-11
May-11
Mar-11
Jan-11
Nov-10
Sep-10
Jul-10
May-10
Mar-10
Jan-10
% Change - YEar-on-year
Charts – Manufacturing Sector
20.00%
Inflation - Manufacturing
15.00%
10.00%
5.00%
0.00%
Manufacturing PMI 60 58 56 54 52 50 48
46 44 42 40
UK PMI - Manufacturing
Eurozone PMI
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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.
Following a tariff reduction in April, the number of non-domestic RHI applications fell by 94% compared with March. As of 30th April 2015, a total of 13,111 applications had been made to join the scheme.
Non-Domestic RHI Applications
Apr-15
Mar-15
% change
Total-to-date
87
1,354
-93.57%
13,111
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 fell in April 2015. 3,601 applications (for both new and legacy installations) were made in April, compared with 8,539 in March. In total, 40,308 applications have been made under the domestic RHI scheme.
Total-to-date (New and legacy installations)
Apr-15
Mar-15
Monthly % change
ASHP
2,235
4445
-49.72%
17,680
GSHP
583
917
-36.42%
5,981
Biomass
181
2128
-91.49%
9,428
Solar Thermal
602
1049
-42.61%
7,219
Total
3,601
8,539
-57.83%
40,308
Boiler Installations
Compared with March, April saw a 12% rise in the number of boilers installed through Green Deal Finance.
The number of boilers installed through the ECO* scheme rose by 15%. *Measures installed through ECO are reported at a lag of one month compared to other figures, due to the increased reporting and verification time.
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Apr-15
Mar-15
Monthly % change
Total-to-date
GD Finance
467
417
11.99%
3,794
ECO
6,355
5,538
14.75%
301,631
GDHIF Boiler
84
88
-4.55%
2,787
GDHIF FGHR
30
46
-34.78%
2,525
Total
6,936
6,089
13.91%
310,737
Green Deal Finance
Up to the end of April 2015, 13,043 measures have been installed using Green Deal Finance, with 1,248 installations in April. Boilers and photovoltaics (included within the Micro-generation figure) accounted for nearly twothirds of new installations in April.
Boilers Cavity Wall Insulation Loft Insulation Micro-generation Other Heating Other Insulation Solid Wall Insulation Window Glazing Total
Apr-15
Mar-15
Monthly % change
Total-to-date
467
417
11.99%
3,794
14 43 431 87 25 177 4 1,248
21 39 317 113 39 161 2 1,109
-33.33% 10.26% 35.96% -23.01% -35.90% 9.94% 100.00% 12.53%
355 1,020 3,778 1,069 958 2,042 27 13,043
Green Deal Assessments and Plans
The cumulative number of Green Deal Assessments reached 545,804 in April 2015. The 16,439 GD Assessments in April represented a decrease of 40% in comparison with March.
At the end of April 2015, there were a total of 13,355 Green Deal plans in the system, an increase of 10.6% over March.
Of these plans, 22% are in their first stage (“New Plans” – quote accepted), 19% are in the second stage (“Pending Plans – Plan signed) and the remaining 59% are in the final stage (“Live Plans” – all measures installed).
Apr-15
Mar-15
Monthly % change
Total-to-date
GD Assessments
16,439
27,453
-40.12%
545,804
New GD Plans Pending GD Plans Live GD Plans Total GD Plans
3,001 2,537 7,817 13,355
2,970 2,297 6,809 12,076
1.04% 10.45% 14.80% 10.59%
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Feed-in Tariff Installations
The number of Feed-in Tariff commissioned installations reached 693,302 in April 2015. There were a total of 10,791 new installations in April. All except two 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
Apr-15 10,789 0 0 0 2 10,791
Mar-15 16,564 1 65 0 1 16,631
Monthly % change -34.86% -100.00% -100.00% 100.00% -35.12%
Total-to-date 685,007 644 6,839 167 645 693,302
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Cumulative Installed capacity (MW) 3,031 70 398 105 1 3,606
Nov-11 Dec-11 Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14 Jul-14 Aug-14 Sep-14 Oct-14 Nov-14 Dec-14 Jan-15 Feb-15 Mar-15 Apr-15
Charts – Non-Domestic RHI Applications
Non-Domestic RHI Applications - Cumulative
14000
12000
10000
8000
6000
4000
2000
0
26
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Charts – Domestic RHI Applications
Domestic RHI Installations by Type - Cumulative
ASHP
GSHP
Biomass
Solar Thermal
27
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Charts – Boiler Installations
Monthly Boiler Installations by Scheme
GD Finance
ECO
GDHIF Boiler
GDHIF FGHR
28
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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
30
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Green Deal Plans 9000 8000 7000 6000 5000 4000 3000 2000 1000 0
New
Pending
Live
31
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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
32
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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 Q1 2015, the number of housing starts grew in 19 of the 39 regions. The Black Country (61%), Enterprise M3 (Hampshire and Surrey – 68%) displayed the highest growth since Q1 2015. In the 19 regions where the number of starts fell, the effect was most pronounced in York and North Yorkshire (-60%) and Leeds City Region (-57%). The number of quarterly housing completions grew annually in 31 of the 39 regions listed. Growth was strongest in Oxfordshire (90%) and Buckinghamshire Thames Valley (210%).
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2015 710 350 480 2,000 460 680 310
Q1 2014 440 380 730 2,460 840 630 370
% change 61.36% -7.89% -34.25% -18.70% -45.24% 7.94% -16.22%
Derby, Derbyshire, Nottingham and Nottinghamshire Dorset Enterprise M3 Gloucestershire Greater Birmingham and Solihull
960 480 1,600 460 740
960 430 950 710 730
0.00% 11.63% 68.42% -35.21% 1.37%
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
1,160 560 1,110 1,680 510 340 750 1,630 820 520 9,510 1,100
1,050 710 810 1,420 420 450 830 3,800 900 650 6,220 820
10.48% -21.13% 37.04% 18.31% 21.43% -24.44% -9.64% -57.11% -8.89% -20.00% 52.89% 34.15%
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
1,060 970 920 910 1,240 3,160 2,370 570 570 530 530 570 750 520 630
1,330 700 640 1,040 990 2,340 1,830 580 750 540 440 520 740 530 1,560
-20.30% 38.57% 43.75% -12.50% 25.25% 35.04% 29.51% -1.72% -24.00% -1.85% 20.45% 9.62% 1.35% -1.89% -59.62%
Black Country Buckinghamshire Thames Valley Cheshire and Warrington Coast to Capital Cornwall and the Isles of Scilly Coventry and Warwickshire Cumbria
Quarterly House Starts
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2015 560 620 770 1,620 610 500 350
Q1 2014 630 200 440 990 310 410 190
% change -11.11% 210.00% 75.00% 63.64% 96.77% 21.95% 84.21%
Derby, Derbyshire, Nottingham and Nottinghamshire Dorset Enterprise M3 Gloucestershire Greater Birmingham and Solihull
810 450 1,210 500 660
670 240 740 410 490
20.90% 87.50% 63.51% 21.95% 34.69%
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
1,070 620 1,010 1,860 340 280 910 1,270 1,020 510 5,400 890
1,030 530 730 970 750 330 710 1,510 580 510 5,400 830
3.88% 16.98% 38.36% 91.75% -54.67% -15.15% 28.17% -15.89% 75.86% 0.00% 0.00% 7.23%
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
1,380 580 590 870 1,640 2,020 1,700 420 680 530 560 620 1,040 500 430
810 560 310 890 950 1,780 1,240 430 580 430 400 340 770 430 320
70.37% 3.57% 90.32% -2.25% 72.63% 13.48% 37.10% -2.33% 17.24% 23.26% 40.00% 82.35% 35.06% 16.28% 34.38%
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
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.
Member companies
Total
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.
Member companies
Total
Solar Thermal Panels (All) sold in preceding month, expressed in square metres.
Member companies
Electric
Number of electricity smart meters installed in previous quarter.
www.gov.uk - Smart meters statistics
Combi System Regular Total
HOT WATER STORAGE CYLINDERS
Conventional Renewable
RADIATORS SOLAR THERMAL PANELS (M2)
Vacuum
INSTALLED SMART METERS
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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.
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 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 Domestic Renewable Heat Incentive applications - Biomass
www.gov.uk - RHI Monthly deployment data www.gov.uk - RHI Monthly deployment data 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.
GDHIF Boiler
Boiler installations through Green Deal Home Improvement Fund (Boiler).
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
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.
www.gov.uk - Green Deal and ECO Statistics
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.
Other Heating
Other heating measures installed using Green Deal Finance.
Other Insulation
Other insulation 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 www.gov.uk - Green Deal and ECO Statistics
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
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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