Of consumers in the European Union (EU), those residing in the United Kingdom had higher transportation costs than the EU average. In 2016, transport accounted for 13.4 percent of final household consumption, which was 0.5 percent higher than the share spent by the EU average. In 2018, transport related expenses of households amounted to approximately 176.5 billion British pounds.
Regarding purchase trends for specific road vehicles, households had bought motor cars with a combined worth of 45.5 billion British pounds in 2018. This was a decline of two percent to the previous year. In contrast, the past two years have seen an increase in the amount of money spent on vehicle fuels and lubricants. By 2018, such expenses had grown to 33.1 billion British pounds.
Private investments in the rail industry had recorded their highest figures in 2017/18 when it exceeded one billion British pounds. Of this, six million had been put into track and signaling maintenance.
By comparison, expenditure on wet and dry cargo shipping was valued at 2.2 billion British pounds in 2017, with the peak in spending being recorded in 2014 at nearly 5.2 billion.
