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. source: Statistics Netherlands

Personal Spending in Netherlands averaged 0.54 percent from 2000 until 2021, reaching an all time high of 9.70 percent in April of 2021 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 July of 2021.

Personal Spending in Netherlands is expected to be 2.90 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.

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Netherlands Household Consumption YoY

Actual Previous Highest Lowest Dates Unit Frequency
8.80 9.70 9.70 -17.00 2000 - 2021 percent Monthly
WDA


Calendar GMT Actual Previous Consensus TEForecast
2021-04-22 04:30 AM Feb -10.7% -12% -12%
2021-05-18 07:30 AM Mar -0.4% -11.6% 1.5%
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 8.8%
2021-09-22 04:30 AM Jul
2021-10-22 04:30 AM Aug
2021-11-16 08:30 AM Sep


News Stream
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
Dutch Household Spending Falls the Least in a Year
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).
2021-05-18
Dutch Household Spending Falls the Least in 3 Months
The household spending in the Netherlands dropped 10.7 percent year-on-year in February of 2021, and the smallest decline since last November, amid the lockdown measures to contain the spread of the coronavirus, with the closing of all non-essential stores since December 15. The decreases less were seen in spending on durable goods (-18.2 percent (vs -25.4 percent in January). Consumers spent less for clothing, leather goods, home furnishings, vehicles, and electrical equipment. Meanwhile, spending on services, such as telephone and internet subscription, insurance was 15.1 percent lower ( vs -14.8 percent). In addition, consumption of food, beverages and tobacco rose by 8.3 percent, the largest growth since March 2020, accelerating from a 6.0 percent in January.
2021-04-22

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).