The household spending in the Netherlands went down 0.4 percent year-on-year in March of 2021, the smallest decrease in the current sequence of decreases that began in March 2020 amid the Covid-19 pandemic, partly due to a low base effect. In addition, some coronavirus restrictions were lifted and from 3 March 2021 it became possible to shop by appointment and go to the hairdresser. In March, consumers spent less on services (-3 percent) and food (-0.6 percent) than the year before, but more on durable goods (6.9 percent). source: Statistics Netherlands
Personal Spending in Netherlands averaged 0.47 percent from 2000 until 2021, reaching an all time high of 4.60 percent in December of 2000 and a record low of -17 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 2021.
Personal Spending in Netherlands is expected to be 6.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Personal Spending in Netherlands to stand at 4.40 in 12 months time. In the long-term, the Netherlands Household Consumption YoY is projected to trend around 4.80 percent in 2022 and 2.10 percent in 2023, according to our econometric models.