The average UK household had £153 a week of discretionary income in March 2010, 1.3% lower than a year ago. Despite a significant upward revision to earnings data for February, for the fourth month in a row growth in the Asda income tracker was weak.
Andy Bond, Asda president and CEO, said: “Although the income tracker appears to have levelled off this month, our customers are telling us their situation is far from easy. With the rising costs of daily essentials such as food and petrol having a real impact on monthly budgets, families are still finding it extremely tough.”
Read the full Asda report at this link.
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