Household consumption over 2 percent up in September

The CBS Consumption Radar shows that circumstances for Dutch household consumption in November are, on balance, less favourable than in September.
Consumption figures are adjusted for price changes and differences in the shopping-day pattern.
Change | |
---|---|
2014 October | 0.3 |
2014 November | 0.7 |
2014 December | 0.6 |
2015 January | 2 |
2015 February | 2 |
2015 March | 2.1 |
2015 April | 1.7 |
2015 May | 1.3 |
2015 June | 2.3 |
2015 July | 1.5 |
2015 August | 1.4 |
2015 September | 2.2 |
2015 October | 1.7 |
2015 November | 0.8 |
2015 December | 0.8 |
2016 January | 0.7 |
2016 February | 0.4 |
2016 March | 1.1 |
2016 April | 0.4 |
2016 May | 1.9 |
2016 June | 0.7 |
2016 July | 2.4 |
2016 August | 1.5 |
2016 September | 1.1 |
2016 October | 2.6 |
2016 November | 2.8 |
2016 December | 2.5 |
2017 January | 3.4 |
2017 February | 1.5 |
2017 March | 1.7 |
2017 April | 2.6 |
2017 May | 2.5 |
2017 June | 2.3 |
2017 July | 2.2 |
2017 August | 1.9 |
2017 September | 2.6 |
2017 October | 1.8 |
2017 November | 2.4 |
2017 December | 1.3 |
2018 January | 1.8 |
2018 February | 3 |
2018 March | 3.1 |
2018 April | 3.2 |
2018 May | 2 |
2018 June | 2.6 |
2018 July | 2.9 |
2018 August | 2.3 |
2018 September | 2.2 |
Dutch households mainly spend more on food, beverages and tobacco
In September, consumers spent nearly 4 percent more on food, beverages and tobacco. Consumer spending on durable goods was up by over 1 percent. Spending on household appliances was up in particular. Consumer spending on the category ‘other goods’, such as petrol, was almost 1 percent up.
Last week, CBS reported that retail turnover was 1.7 percent up in September year-on-year. The volume of sales increased by 1.9 percent. This figure was also adjusted for the shopping-day pattern.
Lastly, consumer spending on services - accounting for over half of total domestic consumer expenditure - rose by over 2 percent in September 2018. These services include house rent, public transport, visits to restaurants or hairdressers and insurance premiums.
change | |
---|---|
Food,drinks and tobacco | 3.8 |
Services | 2.3 |
Durable consumer goods | 1.2 |
Other goods (e.g. gas) | 0.7 |
Total | 2.2 |
Consumer climate in November less favourable than in September
CBS publishes figures about circumstances for household consumption on a monthly basis in the CBS Consumption Radar. Household consumption is affected by consumers’ expectations, their personal financial situation and developments on the labour market. Although the Radar indicators show a strong correlation with household consumption, improved circumstances are not necessarily translated into increased growth.
According to the The CBS Consumption Radar, circumstances for Dutch household consumption in November are less favourable than in September. The year-on-year increase in share prices turned into a decrease.
Sources
- StatLine - Spending; consumption household
Related items
- Visualisation - Consumption Radar
- Dossier - Business Cycle