Consumption Conditions
Consumption conditions: more unfavourable
In April, conditions for Dutch household consumption were more unfavourable than in the previous month. New data have become available for six indicators. Four indicators deteriorated, one improved and remained the same. Household consumption is affected by consumers’ expectations, their personal financial situation and developments on the job market. Although the indicators show a strong correlation with household consumption, improved circumstances are not necessarily translated into increased growth.
Consumers were more negative about their financial situation in the next twelve months and about future unemployment. The year-on-year increase of the share prices was smaller. The price increase year-on-year of owner-occupied dwellings was also smaller. However, manufacturers were more positive about future employment in their company than in the previous month. The year-on-year growth of the employed labour force remained the same.
Related items
- PDF Explanatory notes: Consumption indicator - PDF