Disposable household income falls again
Real disposable income of Dutch households was 1.1 percent lower in 2013 than in 2012. The decrease was smaller than in 2012, when disposable income fell by 2.2 percent. The decrease in 2013 was mainly caused by wage increases that were smaller than the inflation rate, decreasing employment, and an increase in taxes and social insurance premiums. At 2.5 percent, inflation was well above the average collectively negotiated wage increases. The number of employee jobs fell by 136 thousand. Partly because of the decrease in income, real consumption expenditure fell by 2.1 percent in 2013.