Household consumption up by over 1 percent in July

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 August were slightly more unfavourable than they were in July.

Higher spending on durable goods

Households spent 3.7 percent more on durable goods than they did in July 2024, adjusted for price changes. In particular, they purchased more footwear, clothing and electrical appliances. Households also spent more on passenger cars. Spending on food, beverages, and tobacco was down by 0.1 percent compared to July 2024. Households spent virtually the same on other goods (energy, motor fuels and personal care products) as in July 2024.

Consumers spent 1.1 percent more on services in July than in the same month last year (adjusted for price changes). They spent more on transport and communication, recreation and culture and accommodation and food services. Spending on services accounted for over half of total domestic consumer expenditure.

Consumer climate slightly more unfavourable in August

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 August, conditions for Dutch household consumption were slightly more unfavourable in August than they were in July. Manufacturers were less positive about future employment in their company. Consumers also were more negative about future unemployment.