Household consumption in the Netherlands rose 0.3 percent year-on-year in April 2023, slightly down from a 0.8 percent increase in the previous month. It was the smallest gain since March 2021, due to lower consumption for household goods (-3.7 percent vs -1.4 percent in March), namely food, drinks & tobacco (-4.6 percent vs -5.8 percent), durable goods (-4.1 percent vs -3.9 percent), and other goods (-2.1 percent vs 6.8 percent), particularly natural gas. Meanwhile, consumers spend more on services (3.5 percent vs 2.8 percent), such as insurance, public transport and a visit to a restaurant, events or hairdresser. source: Statistics Netherlands

Personal Spending in Netherlands averaged 0.97 percent from 2000 until 2023, reaching an all time high of 15.00 percent in February of 2022 and a record low of -17.00 percent in April of 2020. This page provides - Netherlands Consumer Spending MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news. Netherlands Household Consumption YoY - data, historical chart, forecasts and calendar of releases - was last updated on June of 2023.

Personal Spending in Netherlands is expected to be 0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Netherlands Household Consumption YoY is projected to trend around -0.40 percent in 2024 and 1.70 percent in 2025, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Netherlands Household Consumption YoY



Calendar GMT Actual Previous Consensus TEForecast
2023-05-16 07:30 AM Mar 0.8% 1.7% 0.9%
2023-06-07 04:30 AM Apr 0.3% 0.8% -1.2%
2023-07-07 04:30 AM May 0.3%


Related Last Previous Unit Reference
Consumer Confidence -38.00 -37.00 points May 2023
Retail Sales MoM 0.30 -0.80 percent Apr 2023
Retail Sales YoY 5.30 4.70 percent Apr 2023
Consumer Spending 86623.00 86556.00 EUR Million Mar 2023
Disposable Personal Income 441474.00 403048.00 EUR Million Dec 2022
Personal Spending 0.30 0.80 percent Apr 2023

Netherlands Household Consumption YoY
In the Netherlands, Household Consumption YoY measures the year-on-year change of consumption expenditure by households. Consumption expenditure includes all voluntary expenditure on goods and services by private individuals and households. It does not include compulsory expenditure such as taxes. Services is the most important sector and accounts for 58 percent of total consumption. The biggest segments within Services are housing; financial and business services; transport, communication services; and medical services and welfare. Consumption of goods account for the remaining 42 percent, in particular durable consumer goods (15 percent) and food, beverages and tobacco (15 percent).
Actual Previous Highest Lowest Dates Unit Frequency
0.30 0.80 15.00 -17.00 2000 - 2023 percent Monthly
WDA

News Stream
Dutch Household Spending Growth Eases in April
Household consumption in the Netherlands rose 0.3 percent year-on-year in April 2023, slightly down from a 0.8 percent increase in the previous month. It was the smallest gain since March 2021, due to lower consumption for household goods (-3.7 percent vs -1.4 percent in March), namely food, drinks & tobacco (-4.6 percent vs -5.8 percent), durable goods (-4.1 percent vs -3.9 percent), and other goods (-2.1 percent vs 6.8 percent), particularly natural gas. Meanwhile, consumers spend more on services (3.5 percent vs 2.8 percent), such as insurance, public transport and a visit to a restaurant, events or hairdresser.
2023-06-07
Dutch Household Consumption Growth Lowest in 3 Years
Household consumption in the Netherlands increased 0.8 percent year-on-year in March 2023, easing from a downwardly revised 1.7 percent rise in the previous month. It was the softest growth since March 2021, as spending moderated on services (2.8 percent vs 5.8 percent in February). In addition, consumption continued to fall for household goods (-1.4 percent vs -3.4 percent), due to further declines in food, drinks & tobacco (-5.8 percent vs -3.5 percent) and durable consumer goods (-3.9 percent vs -2.2 percent). On the other hand, consumer spending rebounded for other goods (6.8 percent vs -4.7 percent), linked to higher consumption of energy and motor fuels.
2023-05-16
Dutch Household Spending Rises the Least in 3 Months
Household consumption in the Netherlands increased 2.6 percent year-on-year in February 2023, slowing from a downwardly revised 6.1 percent rise in the previous month. It was the lowest reading since last November, amid much softer rises in spending on services (7.4 percent vs 11.4 percent in January). In addition, spending on durable goods fell (-2.0 percent 5.4 percent), mainly home furnishing and clothing. Also, spending dropped further for both food, drinks & tobacco (-3.8 percent vs -5.6 percent) and other goods, such as natural gas (-5.2 percent vs -2.5 percent). The household spending declined mainly for energy consumption. However, spending on motor fuels increased further.
2023-04-07