Household consumption growth in the Netherlands accelerated to 4.6 percent year-on-year in September of 2021 from a downwardly revised 3.1 percent increase in the previous month. Spending on services increased by 6.6 percent, namely through telephone and internet subscriptions, insurance, visits to hairdressers, restaurants, and sporting events. Further, durable goods consumption rose by 3 percent, in particular clothing and shoes, while utilities consumption increased by 1.6 percent. source: Statistics Netherlands

Personal Spending in Netherlands averaged 0.58 percent from 2000 until 2021, reaching an all time high of 11.90 percent in April of 2021 and a record low of -17.40 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 December of 2021.

Personal Spending in Netherlands is expected to be 5.70 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 4.80 percent in 2022 and 2.10 percent in 2023, according to our econometric models.

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Netherlands Household Consumption YoY


Calendar GMT Actual Previous Consensus TEForecast
2021-10-21 04:30 AM Aug 5.8% 4.7% 3.6%
2021-11-16 08:30 AM Sep 4.6% 3.1% 4.2%
2021-12-21 05:30 AM Oct 4.6%


Related Last Previous Unit Reference
Consumer Confidence -19.00 -10.00 points Nov/21
Retail Sales MoM -0.80 1.20 percent Sep/21
Retail Sales YoY 6.60 4.10 percent Oct/21
Consumer Spending 82348.00 79348.00 EUR Million Sep/21
Disposable Personal Income 377777.00 365954.00 EUR Million Dec/20
Personal Spending 4.60 3.10 percent Sep/21

News Stream
Dutch Household Spending Accelerates in September
Household consumption growth in the Netherlands accelerated to 4.6 percent year-on-year in September of 2021 from a downwardly revised 3.1 percent increase in the previous month. Spending on services increased by 6.6 percent, namely through telephone and internet subscriptions, insurance, visits to hairdressers, restaurants, and sporting events. Further, durable goods consumption rose by 3 percent, in particular clothing and shoes, while utilities consumption increased by 1.6 percent.
2021-11-16
Dutch Household Spending Growth Accelerates
Household consumption growth in the Netherlands accelerated to 5.8 percent year-on-year in August 2021 from a downwardly revised 4.7 percent in the previous month. This was the fifth straight month of increase in household spending, amid easing COVID-19 restrictions. Spending on services increased 9.7 percent, such as telephone and internet subscriptions, insurance, hairdressers, restaurant and sport events. Meanwhile, durable goods consumption was up 3.6 percent, in particular on clothing and shoes. Also, consumers spent 0.8 percent more on other goods, such as gas, electricity and motor fuels.
2021-10-21
Dutch Household Spending Growth Slows in July
Household consumption growth in the Netherlands eased to 4.8 percent year-on-year in July 2021 from an upwardly revised 6.7 percent in the previous month. This was the fourth straight month of increase in household spending, but the weakest growth in sequence. The high growth figures in April - June of 2021 are partly due to the fact that consumption in April - June of 2020 was at a very low level due to the first lockdown. Spending on services increased 8.3 percent, such as telephone and internet subscriptions, insurance, hairdressers, restaurant and sport events. Meanwhile, durable goods consumption was up 1.6 percent, in particular on clothing and shoes. Also, consumers spent 1.1 percent more on food and beverages and 1.9 percent more on other goods, such as gas, electricity and motor fuels.
2021-09-22

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).