§ Mr. BercowTo ask the Secretary of State for Social Security what assessment he has made of the effect of increases in petrol prices on the living standards of pensioners. [134417]
260W
§ Mr. RookerIn 1998–99, 'pensioner households' spent an average of £5.70 a week on petrol, diesel and other motor oils. This represented around 3 per cent. of their disposable income on average. In comparison households where the head was aged under 65 spent an average of £15.50 a week (4 per cent. of disposable income). Therefore the effect of increases in petrol prices would be smaller for pensioners than non-pensioners.
Given that expenditure on petrol, diesel and motor oils represents a small proportion of disposable income for pensioner households, the effect of price increases on living standards would be even smaller.
Notes:
- 1. Pensioner households are defined as those where the head is aged 65 years or over.
- 2. No account is taken of changes in behaviour such as people responding to higher prices by buying smaller amounts.
- 3. All money amounts are in 1998–99 prices. Expenditure figures are rounded to the nearest £0.10p; increases in expenditure are rounded to the nearest £0.01p.
Source:Family Expenditure Survey 1998£99.