Household consumption radar

20/04/2017 06:30
The Household Consumption Radar is an instrument developed by Statistics Netherlands to analyse developments in consumption by Dutch households and place them in some sort of context. Using six indicators – selected on the basis of an econometric study - the radar monitors whether circumstances have developed favourably or unfavourably for Dutch consumption.

Source: Statistics Netherlands
Inside the dotted line: less favourable than average.

Outside the dotted line: more favourable than average.

Conditions for household consumption more favourable

Conditions for Dutch household consumption are favourable in April 2017 than in March. New data have become available for all indicators; all 6 indicators improved. Household consumption is affected by consumers’ expectations, their personal financial situation and developments on the job market.

The mood of Dutch manufacturers about future employment in their sector was considerably more positive than in the previous month. The mood of Dutch consumers about their personal financial situation and future unemployment improved as well. Further, the growth of the employed labour force and the rise of share prices on an annual basis were also somewhat higher than in the previous month. Lastly, the price increase of house prices (excluding new constructions) on an annual basis was also somewhat higher than one month previously.

Explanatory notes Consumption Radar.