Consumption Conditions

The visualisation of Consumption Conditions was developed by Statistics Netherlands (CBS) to analyse changes in household consumption in the Netherlands and place them in context. Six indicators, selected on the basis of econometric research, can be used to monitor whether conditions for Dutch household consumption have changed in a favourable or unfavourable direction.

Consumption conditions: more unfavourable

In January, conditions for Dutch household consumption were more unfavourable than in the previous month. New data have become available for six indicators. Four indicators deteriorated, two improved. 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.

The year-on-year growth of the employed labour force was smaller. Consumers were less positive about their financial situation in the next twelve months. Manufacturers were more negative about future employment in their company than in the previous month. The price increase year-on-year of owner-occupied dwellings was smaller. However, consumers were less negative about future unemployment and the year-on-year increase of the share prices was larger.

Related items

  • Explanatory notes: Consumption indicator - PDF