Household consumption in the Netherlands increased by 2.9 percent year-on-year in December 2019, accelerating from an upwardly revised 1.4 percent rise in the previous month. It was the strongest growth in household consumption since July 2018, as spending growth accelerated for: services (1.9 percent vs 1.7 percent in November); durable goods (8.8 percent vs 2.1 percent), and food, beverages, tobacco (1.5 percent vs 1.3 percent). In addition, consumption of other goods rebounded sharply (0.7 percent vs -0.8 percent).

Personal Spending in Netherlands averaged 0.76 percent from 2002 until 2019, reaching an all time high of 4.30 percent in April of 2006 and a record low of -3.10 percent in May of 2009. This page provides - Netherlands Consumer Spending MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Statistics Netherlands

Personal Spending in Netherlands is expected to be 1.80 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 2.30 in 12 months time. In the long-term, the Netherlands Household Consumption YoY is projected to trend around 2.10 percent in 2021, according to our econometric models.


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Netherlands Household Consumption YoY

Actual Previous Highest Lowest Dates Unit Frequency
2.90 1.40 4.30 -3.10 2002 - 2019 percent Monthly
WDA


Calendar GMT Actual Previous Consensus TEForecast
2019-11-21 05:30 AM Sep 2.2% 1.3% 1.7%
2019-12-20 05:30 AM Oct 1.7% 1.9% 2.5%
2020-01-22 05:30 AM Nov 1.3% 1.7% 1.5%
2020-02-20 05:30 AM Dec 2.9% 1.4% 1.6%
2020-03-20 05:30 AM Jan 2.9%
2020-04-22 04:30 AM Feb
2020-05-20 04:30 AM Mar 1.8%
2020-06-22 04:30 AM Apr


News Stream
Dutch Household Spending Growth Strongest in Near 1-1/2-Year
Household consumption in the Netherlands increased by 2.9 percent year-on-year in December 2019, accelerating from an upwardly revised 1.4 percent rise in the previous month. It was the strongest growth in household consumption since July 2018, as spending growth accelerated for: services (1.9 percent vs 1.7 percent in November); durable goods (8.8 percent vs 2.1 percent), and food, beverages, tobacco (1.5 percent vs 1.3 percent). In addition, consumption of other goods rebounded sharply (0.7 percent vs -0.8 percent).
2020-02-20
Dutch Household Consumption Growth Slows in November
Household consumption in the Netherlands increased by 1.3 percent year-on-year in November 2019, easing from a 1.7 percent rise in the previous month, as spending growth eased for both services (1.5 percent vs 1.6 percent in October) and durable goods (2.0 percent vs 4.0 percent). In addition, consumption of other goods fell (-0.9 percent vs 0.2 percent), while spending on food, beverages, tobacco advanced faster (1.0 percent vs 0.5 percent).
2020-01-22
Dutch Household Consumption Growth Eases in October
Household consumption in the Netherlands increased by 1.7 percent year-on-year in October 2019, after a downwardly revised 1.9 percent rise in the previous month. Spending growth slowed for services (1.6 percent vs 1.7 percent in September) and durable goods (3.6 percent vs 4.8 percent). Meanwhile, spending rose further for other goods (0.3 percent vs 0.2 percent) and food, beverages, tobacco (0.5 percent vs 0.3 percent).
2019-12-20
Dutch Household Spending Rises the Most in 4 Months
Household consumption in the Netherlands increased by 2.2 percent year-on-year in September 2019, after a downwardly revised 1.3 percent rise in the previous month. This was the highest growth in household spending since May, as spending growth accelerated for services (1.8 percent vs 1.7 percent in August); durable goods (5.8 percent vs 0.8 percent), and other goods (1.0 percent vs 0.3 percent). Meanwhile, spending on food, beverages, tobacco was unchanged, after increasing 0.8 percent in the prior month.
2019-11-21

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).