Families across the UK had £194 of discretionary income in May, £4 per week less than the same month last year
Families with the lowest income see the biggest reduction in disposable income
Vehicle fuels and electricity show the greatest inflation year on year, with an increase of 7.5% and 7.7% respectively
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The average UK household had a weekly disposable income of £197 in February, £12 more than in February 2015
Annual growth in spending power remained in the double digits in pound terms for the sixteenth consecutive month due to high wage growth
Wage growth remained the biggest contributor to increased household discretionary income, an increase…