I'll be applying a machine learning model (polynomial regression) to this dataset (02CN) and try to predict the next quarter's (Q1 2023) spending amount in the UK for "Tobacco"
About Dataset:
This dataset contains all the data tables related to the consumer trends statistical release published in March 2023 by the Office for National Statistics (ONS) from Q1 1997 to Q4 2022, aka Household final consumption expenditure for the UK, as a measure of economic growth. Includes all spending on goods and services by members of UK households £ millions.
Throughout these tables, Q1 refers to Quarter 1 (January to March), Q2 refers to Quarter 2 (April to June), Q3 refers to Quarter 3 (July to September), and Q4 refers to Quarter 4 (October to December).