Household consumption in the Netherlands declined 3.5 percent from a year earlier in September 2020, after a revised 2.4 percent fall in the previous month. It was the seventh straight month of decrease, amid the coronavirus crisis. Spending on services was 6.9 percent lower, mostly led by restaurants, theatres, gyms and football games as well as public transportation. Meanwhile, consumers spent 1.7 percent more on durable goods such as electrical equipment and home furnishings, and spent 2.8 percent more on food and stimulants. Spending on other goods, such as natural gas and motor fuels was 1.5 percent down. source: Statistics Netherlands

Personal Spending in Netherlands averaged 0.52 percent from 2002 until 2020, reaching an all time high of 4.30 percent in April of 2006 and a record low of -17.10 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 November of 2020.

Personal Spending in Netherlands is expected to be -2.30 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 2.90 in 12 months time. In the long-term, the Netherlands Household Consumption YoY is projected to trend around 5.70 percent in 2021 and 2.10 percent in 2022, according to our econometric models.

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Netherlands Household Consumption YoY

Actual Previous Highest Lowest Dates Unit Frequency
-3.50 -2.40 4.30 -17.10 2002 - 2020 percent Monthly
WDA


Calendar GMT Actual Previous Consensus TEForecast
2020-08-14 07:30 AM Jun -7% -11.9% -4.8%
2020-09-22 04:30 AM Jul -6.2% -7.1% -4.3%
2020-10-22 04:30 AM Aug -5.8% -6.4% -4.8%
2020-11-13 08:30 AM Sep -3.5% -2.4% -4.2%
2020-12-21 05:30 AM Oct -3.5% -4%
2021-01-22 05:30 AM Nov
2021-02-19 05:30 AM Dec
2021-03-19 05:30 AM Jan


News Stream
Dutch Household Consumption Falls for 7th Month
Household consumption in the Netherlands declined 3.5 percent from a year earlier in September 2020, after a revised 2.4 percent fall in the previous month. It was the seventh straight month of decrease, amid the coronavirus crisis. Spending on services was 6.9 percent lower, mostly led by restaurants, theatres, gyms and football games as well as public transportation. Meanwhile, consumers spent 1.7 percent more on durable goods such as electrical equipment and home furnishings, and spent 2.8 percent more on food and stimulants. Spending on other goods, such as natural gas and motor fuels was 1.5 percent down.
2020-11-13
Dutch Household Spending Drops at Softer Pace
Household consumption in the Netherlands declined 5.8 percent from a year earlier in August 2020, after an upwardly revised 6.4 percent fall in the previous month. It was the sixth straight month of decrease, but the smallest decline in the current sequence, amid the coronavirus crisis. Spending on services was 14.3 percent lower, mostly led by restaurants, hairdressers, theatres, gyms and football games as well as public transportation. Still, consumers spent more on services such as telephone and internet subscriptions, insurances, housing services, private lease and courier services. Meanwhile, spending on durable goods increased 8.2 percent as households spent more on electrical appliances, home furnishings and clothing. Consumers also spent 6 percent more on food and stimulants. Spending on other goods, such as natural gas and motor fuels was 2.8 percent up.
2020-10-22
Dutch Household Consumption Falls for 5th Month in a Row
Household consumption in the Netherlands dropped 6.2 percent from a year earlier in July 2020, the fifth straight month of decline amid the coronavirus crisis. Spending on services was 14.9 percent lower, mostly led by restaurants, hairdressers, theatres, gyms and football games as well as public transportation. Still, consumers spent more on services such as telephone and internet subscriptions, insurances, housing services, private lease and courier services. Meanwhile, spending on durable goods increased 9.8 percent as households spent more on electrical appliances, home furnishings and cars. Consumers also spent 1.8 percent more on food, beverages and tobacco. Spending on other goods, such as natural gas and motor fuels was 3.1 percent up.
2020-09-22
Dutch Household Consumption Continues to Fall in June
Household consumption in the Netherlands slumped 7.0 percent from a year earlier in June 2020, following two months of record contractions, due to the coronavirus crisis. Spending on services was 13.9 percent lower (vs -20.2 percent in May), mostly led by restaurant, theater, amusement park, gym, football match and the use of public transport. At the same time, consumers spent more on services such as telephone and internet subscriptions, insurance, housing services, private leasing and courier services. Meanwhile, spending on durable goods increased 3.1 percent (vs -2.9 percent in May) as households bought more home furnishing articles and electrical equipment. However, they spent less on clothes and shoes. Consumers also spent 2.7 percent more on food than in June 2019 (vs 6.0 percent in May). On other goods, such as gas and motor fuels, they spent about the same as a year earlier.
2020-08-14

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).