Household consumption up by almost 1 percent in September

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 October were less unfavourable than they were in September.

Higher spending on services

Consumers spent 1.2 percent more on services in September than they did in the same month last year (adjusted for price changes). They spent mainly more on transport and communication, and recreation and culture. Spending on services accounted for over half of total domestic consumer expenditure.

Households spent 0.2 percent more on durable goods than they did in September 2024, adjusted for price changes. In particular, they purchased more electrical appliances and clothing. Spending on food, beverages, and tobacco was down by 0.3 percent compared to September 2024. Households spent 0.4 percent more on other goods (like personal care products and energy), year on year.

Consumer climate less unfavourable in October

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 October, conditions for Dutch household consumption were less unfavourable than they were in September. This was mainly because the year-on-year increase in share prices was higher and consumers were more positive about their financial situation in the next twelve months.