The forecasted expenditure on food and non-alcoholic drinks in the UK shows a gradual increase from 2.93 thousand pence per capita per week in 2024 to 3.05 in 2028. This consistent growth reflects an average yearly increase of approximately 0.68% over this period. Compared to the actual figures from 2023, the projected year-on-year growth rates for the forecast period indicate a steady upward trend.
- 2024: 2.93
- 2025: 2.96
- 2026: 2.99
- 2027: 3.02
- 2028: 3.05
Looking ahead, consider the impact of economic factors like inflation, changes in household income, and evolving consumer preferences, which may influence future spending on food and non-alcoholic drinks.
