In 2024, household expenditure on housing, water, electricity, gas, and other fuels in the UK is forecasted at 6.13 thousand euros per capita. This reflects a steady increase from the previous year. By 2028, the expenditure is expected to rise to 6.31 thousand euros per capita, indicating a compound annual growth rate (CAGR) over the 5-year period.
Year-on-year variations show incremental growth from 6.13 in 2024 to 6.31 in 2028:
- 2024 to 2025: +0.65%
- 2025 to 2026: +0.81%
- 2026 to 2027: +0.64%
- 2027 to 2028: +0.80%
Future trends to watch for include shifts in regulatory policies affecting housing and utility costs, potential technological advancements leading to energy efficiency, and macroeconomic factors such as inflation and wage growth that could influence household budgets.
