Disposable household income higher

The disposable income of Dutch households rose by 3.0 percent in Q1 relative to Q1 2015. Statistics Netherlands (CBS) says disposable household incomes have risen for more than twelve months now.

Disposable household incomes on an annual basis
Disposable household incomes on an annual basis
 Series 0
2013 I-1.5
2013 II-1.1
2013 III-1.7
2013 IV-1.3
2014 I-0.7
2014 II0
2014 III0.2
2014 IV-0.5
2015 I0.4
2015 II1.3
2015 III2.6
2015 IV3.5
2016 I3

Two factors constitute the driving force behind the increase of the disposable income during the past three quarters: higher employee wages and higher incomes for self-employed, generated by their production activities. The number of employees and self-employed has also grown. Incomes of employees rose by 1.4 percent on an annual basis. Wages per year of work rose by 1.9 percent, almost equal to the increase in collectively negotiated wages of 1.8 percent. The number of employee jobs also grew, by 93 thousand (+ 1.2 percent). With 52 thousand extra jobs (+ 8.7 percent), the number of temp jobs grew noticeably. Incomes of self-employed increased by 5.9 percent and the number of self-employed rose by 19 thousand (+ 0.9 percent).

Contribution to the change in disposable income
Contribution to the change in disposable income
 Income from production activitiesWages employeesNet incomes from personal capital and transfersTaxes and social contributionsSocial benefitsInflation
2014 IV0.820.63-0.29-1.471.27-2.32
2014 I1.150.21-0.79-0.541.2-2.01
2014 II1.310.14-1.21-0.031.22-1.62
2014 III0.930.25-1.070.070.96-0.95
2014 IV0.291.04-0.71-0.820.39-0.85
2015 I-0.031.410.02-1.580.63-0.19
2015 II0.091.640.33-1.480.520.09
2015 III0.321.640.74-1.050.670.09
2015 IV0.811.110.55-0.10.860.09
2016 I1.211.4500.070.56-0.56