Family Expenditure Survey

Definitions

Economics

  • noun since 1957, a regular annual official survey of household income and expenditure based on a sample of about 10,000 households. It covers incomes and expenditure, especially on regularly paid items, such as gas, electricity and telephone, together with insurance, travel costs and hire purchase costs. The results are used to provide the weighting for the RPI.
  • acronymFES
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