By Anna Ellis •
Published: 26 Sep 2022 • 15:15
UK £145 (€163) average rise to monthly essential costs since 2022 began. Image: SB Arts Media/Shutterstock.com
In early September, KPMG surveyed 3000 UK consumers of varying household incomes, finding that essential household costs (food, energy, fuel, mortgage or rent) have risen by an average of £145.50 (€163.36) per month compared to when 2022 began.
The survey findings showed that the highest average monthly cost increase was amongst consumers aged 35-44, who reported paying £194.40 (€218.26) more a month than in January KPMG confirmed on Monday, September 26.
To manage those rising costs, consumers told KPMG how they are adapting with:
When asked about their ability to still make non-essential purchases:
Reacting to the findings, Linda Ellett, UK Head of Consumer Markets, Retail and Leisure, said: “Three thousand consumers told us, on average, that rising essential costs have left them £145 (€163) worse off a month compared to the start of the year.”
“Of course, some households are already paying more than this average, and all households still have October’s energy price rise to manage.”
Thank you for taking the time to read this article, do remember to come back and check The Euro Weekly News website for all your up-to-date local and international news stories and remember, you can also follow us on Facebook and Instagram.
Share this story
Subscribe to our Euro Weekly News alerts to get the latest stories into your inbox!
By signing up, you will create a Euro Weekly News account if you don't already have one. Review our
Originally from Derbyshire, Anna has lived in the middle of nowhere on the Costa Blanca for 19 years. She is passionate about her animal family including four dogs and four horses, musicals and cooking.
Download our media pack in either English or Spanish.