Household consumption up by 0.7 percent in June
These are volume figures, which means they have been adjusted for price changes. In addition, they have been adjusted for differences in the shopping day pattern. The CBS Consumption Radar shows that conditions for Dutch household consumption in July were as unfavourable as they were in June.
| Year | Month | Change (year-on-year % change) |
|---|---|---|
| 2021 | July | 3.1 |
| 2021 | August | 4 |
| 2021 | September | 5.3 |
| 2021 | October | 10.1 |
| 2021 | November | 10.7 |
| 2021 | December | 5.9 |
| 2022 | January | 12 |
| 2022 | February | 13.9 |
| 2022 | March | 9.7 |
| 2022 | April | 9.7 |
| 2022 | May | 6.2 |
| 2022 | June | 5.2 |
| 2022 | July | 2.6 |
| 2022 | August | 2 |
| 2022 | September | 1.9 |
| 2022 | October | 0 |
| 2022 | November | 2.3 |
| 2022 | December | 8.7 |
| 2023 | January | 4.8 |
| 2023 | February | 1.9 |
| 2023 | March | 1.6 |
| 2023 | April | 0.5 |
| 2023 | May | 0 |
| 2023 | June | 0.5 |
| 2023 | July | -0.5 |
| 2023 | August | 0.7 |
| 2023 | September | -0.3 |
| 2023 | October | 2.3 |
| 2023 | November | 0.2 |
| 2023 | December | -0.1 |
| 2024 | January | 0.9 |
| 2024 | February | 0.4 |
| 2024 | March | 0.7 |
| 2024 | April | 0.5 |
| 2024 | May | 0.3 |
| 2024 | June | -1 |
| 2024 | July | 1.1 |
| 2024 | August | 1.1 |
| 2024 | September | 1.9 |
| 2024 | October | 0.3 |
| 2024 | November | 0.5 |
| 2024 | December | 1.2 |
| 2025 | January | 1.2 |
| 2025 | February | 1.9 |
| 2025 | March | 1.5 |
| 2025 | April | -0.4 |
| 2025 | May | 2.6 |
| 2025 | June | 0.7 |
Higher spending on durable goods
Households spent 3.7 percent more on durable goods than in June 2024, adjusted for price changes. In particular, they purchased more footwear, clothing and electrical appliances. They also spent 2.3 percent more on food, beverages, and tobacco than in June 2024. However, households spent less on passenger cars and other goods, such as energy and motor fuels than they did in June 2024.
Consumers spent 0.4 percent less on services in June than in the same month last year (adjusted for price changes). This is because they spent less in the accommodation and food services sector. However, they spent more on other services, such as recreation and transport. Spending on services accounted for over half of total domestic consumer expenditure.
| Change (year-on-year % change) | |
|---|---|
| Durable goods | 3.7 |
| Food, drinks and tobacco | 2.3 |
| Services | -0.4 |
| Other goods (e.g. gas) | -1 |
| Total | 0.7 |
Consumer climate equally unfavourable in July
Every month, CBS publishes figures about the conditions for household consumption in its Consumption Radar. Household consumption is influenced by factors such as consumer expectations, their personal financial situation and labour market conditions. Although the Radar indicators are closely correlated with household consumption, improved conditions do not necessarily translate into an increase in consumption.
According to the CBS Consumption Radar for July, conditions for Dutch household consumption were as unfavourable in July as they were in June. Consumers were less negative about their financial situation over the next twelve months, but the year-on-year increase in share prices turned into a decrease.
Sources
Related items
- Dossier - Business cycle
- Visualisations - Consumption Radar