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. source: Statistics Netherlands

Personal Spending in Netherlands averaged 0.56 percent from 2000 until 2021, reaching an all time high of 12.10 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 October of 2021.

Personal Spending in Netherlands is expected to be 4.20 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 4.80 percent in 2022 and 2.10 percent in 2023, 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.

Please Paste this Code in your Website
width
height
Netherlands Household Consumption YoY


Calendar GMT Actual Previous Consensus TEForecast
2021-06-22 04:30 AM Apr 9.4% -0.4% 19.5%
2021-07-22 04:30 AM May 8.8% 9.7% 10%
2021-08-17 07:30 AM Jun 6.4% 11%
2021-09-22 04:30 AM Jul 4.8% 6.7% 4.5%
2021-10-21 04:30 AM Aug 4.8% 3.6%
2021-11-16 08:30 AM Sep 4.2%
2021-12-21 05:30 AM Oct


News Stream
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
Dutch Household Consumption Growth Eases in June
Household consumption growth in the Netherlands eased to 6.4 percent year-on-year in June 2021, from a revised 11 percent in the previous month and an all-time high of 12.1 percent in April. The high growth figures in the spring of 2021 are partly due to the fact that consumption in the spring of 2020 was at a very low level due to the first lockdown. Durable goods consumption was up 8.1 percent, in particular on clothing, shoes, passenger cars and electrical equipment. Also, spending on services increased 8.0 percent, such as telephone and internet subscriptions, insurance, hairdressers, restaurant and sport events. Consumers spent 2.0 percent more on food and beverages and 1.5 percent more on other goods, such as gas, electricity and motor fuels.
2021-08-17
Dutch Personal Spending Grows Further
The household spending in the Netherlands increased 8.8 percent year-on-year in May of 2021, the second straight month of increase, amid easing lockdown measures and a low base effect. The terraces are allowed to remain open until eight o'clock in the evening instead of six o'clock in the evening. Gas, electricity and motor fuels consumption also was much higher than a year earlier. In June, consumers spent more on food (0.5 percent) and durable goods (19.5 percent) than the year before. Also, consumers spent more on services (6.8 percent), such as telephone and internet subscriptions, and insurance, a visit to the hairdresser, a restaurant, or a football match than in May 2020, partly due to the relaxation of lockdown measures from 19 May 2021.
2021-07-22
Dutch Household Spending Rebounds
The household spending in the Netherlands surged 9.4 percent year-on-year in April of 2021, the first increase since February 2020, and the largest growth after the second world war, amid easing lockdown measures and a low base effect. In addition, the terraces were opened on April 28, and from that date also possible to shop without an appointment. Gas consumption also was much higher than a year earlier, as it was much colder. In April, consumers spent more on food (3.4 percent) and durable goods (17.3 percent) than the year before. Also, consumers spent more on services (6.7 percent), such as telephone and internet subscriptions, and insurance, the first growth since February 2020.
2021-06-22

Netherlands Last Unit Reference Previous Highest Lowest
Consumer Confidence -5.00 points Sep/21 -6.00 36.00 -41.00
Retail Sales MoM 0.90 percent Aug/21 -2.10 9.90 -9.90
Retail Sales YoY 3.00 percent Aug/21 2.80 10.20 -6.40
Consumer Spending 78825.00 EUR Million Jun/21 74605.00 83166.00 40834.00
Disposable Personal Income 377777.00 EUR Million Dec/20 365954.00 377777.00 85986.00
Personal Spending 4.80 percent Jul/21 6.70 11.90 -17.40


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).