Consumption Conditions
Consumption conditions: slightly more unfavourable
In September, conditions for Dutch household consumption were slightly more unfavourable than in the previous month. New data have become available for six indicators. Two indicators improved, three deteriorated and one remained the same. Household consumption is affected by consumers’ expectations, their personal financial situation and developments on the job market. Although the indicators show a strong correlation with household consumption, improved circumstances are not necessarily translated into increased growth.
Manufacturers were less positive about future employment in their company. Consumers were more negative about future unemployment. The price increase year-on-year of owner-occupied dwellings was smaller. However, consumers were less negative about their financial situation in the next twelve months and the year-on-year decrease of the employed labour force was smaller. The year-on-year increase of the share prices was virtually the same.
Related items
- PDF Explanatory notes: Consumption indicator - PDF