‘Going out’ hardest hit in CSO Household survey

As a category ‘going out to pubs, restaurants etc’ was the most frequent item of expenditure to be cut back among households with 66% of households citing this cost-saving measure in the CSO’s Q3 Survey of National Household Expenditures (July to September 2012).

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The Border and South West were the regions hardest hit.

At 65%, clothing and footwear were next on the list while 51% said they were cutting back on grocery spending.
Overall, 82% of households reduced their spend on at least one of the listed categories of expenditure as a result of the economic downturn in the 12 months before the CSO survey.

Over 40% responded that they’d difficulty keeping up with bills and debts with nearly half of those in difficulty putting this down to the loss of income while three-quarters also put it down to higher/additional costs with utility bills being higher than expected.

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