Sanctions on Russia since its invasion of Ukraine have decreased imports and exports by £33 million, the lowest level since 1997. There were no imports of fuels from Russia in June 2022 for the first time since records began. Imports of all commodities decreased compared with the pre-war monthly average. Although exports to Russia slightly increased, levels have dropped in comparison with last year’s average. Exports of commodities has decreased substantially, with machinery and transport equipment decreasing. Chemicals were the only export to increase, as medicines and pharmaceuticals are exempt from sanctions.
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Sanctions on Russia since its invasion of Ukraine have decreased imports and exports by £33 million, the lowest level since 1997. There were no imports of fuels from Russia in June 2022 for the first time since records began. Imports of all commodities decreased compared with the pre-war monthly average. Although exports to Russia slightly increased, levels have dropped in comparison with last year’s average. Exports of commodities has decreased substantially, with machinery and transport equipment decreasing. Chemicals were the only export to increase, as medicines and pharmaceuticals are exempt from sanctions.
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The number of payrolled employees in the UK has increased by 31,000 this month, and by 561,000 since February 2020, meaning the percentage of the population in employment is now well above pre-pandemic levels.
The average employment rate for all 16-64s has also increased by 0.4pps, although remains -0.7pps below pre-pandemic levels in Dec-Feb 2020. Therefore, employment is up this quarter and up on the year, but still below pre-pandemic rates.
The total actual weekly hours worked in the UK is up 6.5 million this quarter, but this also remains down on pre-pandemic levels seen in the Dec-Feb 2020 quarter, by -6.4 million hours.
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According to figures from the Office for National Statistics, only 35% of the UK population trust the national government, which is 6% lower than the Organisation for Economic Cooperation and Development (OECD) average globally (41%). Marginally more of the UK population reported trusting their local government (42%) and an even greater proportion trust the Civil Service (55%). UK national trust is highest in the NHS (80%), followed by the courts and legal system (68%). Three-quarters (75%) of the UK population also reported trusting most other people, higher than the OECD average (67%). However, nearly half the UK population (49%) said they do not trust the national government.
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Today’s #stat is on railway journeys in Great Britain over the past four years. The number of trips have fallen from a peak of 1,753 million in 2018/2019 to 1,739 million in 2019/2020 and 388 million in 2021/2021. The number of trips picked up to 990m in the most recent financial year which ended 31 March 2022.
However, rail journeys are well below pre-pandemic levels, equating to 57% of the 1,739 million journeys made two years ago. Passenger revenue totalled £5.9 billion this year, which is equal to 54% of the £11 billion that was generated in 2019/2020. The fall in passenger numbers and the revenue from ticket sales have posed difficulties to rail operators. It will also present a challenge to Great British Railways, the new public body that is to manage railways (not including TFL, light rail and tram systems) in England, Wales and Scotland from 1 April 2023.
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According to the Office for National Statistics, 20% of visa holders who have arrived from Ukraine currently live in London, with 31% of ONS survey respondents voting London as the place they would most like to live. A further 11% of Ukrainian refugees live in Scotland and 5% live in Wales. The proportion of respondents currently living in Northern Ireland is less than 1%. The ONS estimates 67% of Ukrainians have arrived with their son(s) or daughter(s) and 70% of respondents, with at least one child of school age, intend on applying for a school place. The ONS also predict 63% of respondents between the ages of 18 and 65 have the intention of looking for work within the next month.
#stats #statistics #ONS #OfficeforNationalStatistics #Ukraine #UkrainianRefugees #UkrainianVisaScheme #HumanitarianVisaScheme #UKgovernment #UKpolitics #navigatepolitics
The ONS June 2022 business insights report highlights inflation as the main concern for businesses looking ahead for the next month, with 15% of businesses also reporting a shortage of workers, up 13% on the figures reported in May 2022.
Nearly half of businesses have reported their employees to be working increased hours in light of these shortages, although there has been a steady rise in both imports and exports in the last month alone. Business rates and exchange rates are reportedly of lowest concern to businesses entering July 2022.
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As the Cost of Living Crisis continues, the average inflation in grocery prices has been monitored by the Office for National Statistics. On average, the most substantial grocery price rise measured by the ONS is for meat, including beef mince (up 32p for 500g to £2.34) and chicken breast (up 28p to £3.50 for 600g).
Other key prices rises come in the form of pasta (an increase of 17p), vegetable oil (14p), and crisps and rice (both increased by 12p). Other items saw a more gradual increase or decrease in the lowest price. On the other hands, the largest average fall in the price of food was measured for potatoes (down by 12p to around 75p for a 2.5kg bag), followed by cheese (down 7p to 88p for 255g) and pizza (down by 4p to 95p for 300g).
However, several items have maintained a very stable lowest price, including foods such as sausages and yoghurts.
#PoliticalStatistics #stats #statistics #ONS #CostofLiving #CostofLivingCrisis #economics #UKEconomy #UKInflation #UKInflationRate #UKgroceryprices #GroceryPrices #CostOfFood #UKFoodPrices #FoodPriceRises #GroceriesPriceIndex #groceries #GroceryBudgeting #GroceryPriceInflation #navigatepolitics
Today’s #politicalstat shows the extent to which different categories of goods and services have contributed to the overall Consumer Prices Index including housing costs (CPIH) annual inflation rate over the last two years. The contributions from housing and household services, and transport, account for 4.23 percentage points, which makes up more than half of the annual inflation rate.
Housing and household services contributed 2.76 percentage points to the annual CPIH inflation rate in April 2022, of which 1.86 percentage points came from electricity, gas and other fuels. This was the largest contribution out of the categories this month, and the largest contribution from housing and household services since the start of the National Statistics series in 2006. The contribution rose significantly in April 2022 as a result of price rises for gas and electricity, following the increase in the Energy Price Cap, which changed on 1 April 2022.
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The results from the 2022 Local Elections have been declared from all 200 councils up for election in England, Scotland and Wales.
Labour gained 11 and lost six councils. Labour gained four councils from the Conservatives, including the former Conservative strongholds of Wandsworth and Westminster in London. The Conservatives lost 12 councils but gained Harrow from Labour.
The Liberal Democrats won control of the three councils and gained the most seats, increasing their number of councillors across the country by 224. The Greens increased their number of councillors by 87, the third-highest gain.
The results from all 32 councils in Scotland resulted in the SNP finishing as the largest party. In Wales, Plaid Cymru gained three councils, while Labour gained the most seats.
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In this week's #polls... @uklabour lead at 7.5%
An average of the four major UK General Election voting intention polls out this week (Redfield & Wilton, Techne, YouGov and Deltapoll) show Labour have increased their lead to 7.5 points over the Conservatives – less than two weeks ahead of the local elections.
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Today’s chart looks at data on the UK’s renewable sector.
The proportion of the UK’s electricity generated from renewables increased from 9.6% in 2011 to 39.3% in 2021. However, the share of electricity generated from renewables decreased in 2021, following a record high in 2020, despite a small increase in capacity. Renewables accounted for 39.3% of total generation, down from 43.1% in 2020. The decrease was linked to less favourable weather conditions (less wind, sun hours, and rainfall) in 2021 compared to 2020.
The government is seeking to accelerate the deployment of wind and solar energy, alongside nuclear and hydrogen, for greater energy independence. This was announced in the long-awaited Energy Security Strategy that the government released last week. Expansion of offshore wind and solar energy form part of the strategy, which aims to produce 95% of electricity from low carbon sources by 2030.
As part of the strategy, offshore wind capacity is expected to reach 50GW by 2030, a five-fold increase from the current capacity. Solar capacity is also expected to increase by up to five times by 2035 from the current capacity of 14GW. The government has said it will consult on easing the rules for solar projects in order to achieve this.
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Today’s focus in #stats is the UK’s gross domestic product (GDP). GDP grew by 0.1% in February 2022, down from 0.8% the previous month, according to data published by the Office for National Statistics (ONS). The monthly figure falls short of the 0.3% that was forecasted by analysts.
Data from the ONS shows that the main contributor to February’s growth in GDP was services, which grew by 0.2%. This was offset by production, which fell by 0.6% and construction, which fell by 0.1%. However, monthly GDP is now 1.5% above its pre-pandemic level of February 2020.
Last month, Chancellor of the Exchequer Rishi Sunak revised the 2022 GDP growth forecast from 6% to 3.8% in light of the cost of living crisis and rising energy prices.
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Today’s focus in #stats is the UK’s imports of crude oil. Since Russia’s invasion of Ukraine, oil prices have soared as a result of market speculation that Russian oil may be banned by more countries. Russia’s oil production accounts for 11% of the world’s total, making it the third largest oil producing nation.
While around 25% of the EU member states’ oil comes from Russia, the UK is much less dependent. Imports from Russia accounted for only 8% of the UK’s total oil imports in 2020. The UK instead benefits from its significant domestic production of oil and imports the rest of its demands mainly from Norway. Norway is the UK’s main supplier of both crude oil and natural gas.
This does not mean that the UK is insulated from price shocks, as UK companies are being forced to pay more for oil on global markets. On 8 March, the UK and the US moved to ban Russian oil in response to Russia’s invasion of Ukraine. The UK has pledged to phase out Russian oil imports by the end of year, with the help of a new joint task force to help firms find alternative suppliers.
#Politics #Statistics #UKPolitics #Economy #UKEconomy #Trade #Imports #UKtrade #Oil #OilPrices #CrudeOil #OilIndustry #OilImports #FuelPrices #Energy #EnergyPrices #Inflation #Russia #RussiaUkraineWar #UkraineWar #NavigatePolitics
An average of the five main #polls out this week asking which way people would #vote if a UK-wide General Election had been held this week shows @uklabour lead has shrunk to below 3% - just 5 weeks out from the May Local Elections
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