Consumption Conditions
Consumption conditions: more unfavourable
In October, conditions for Dutch household consumption were more unfavourable than in the previous month. New data have become available for six indicators. One indicator improved, five deteriorated. 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 more positive about future employment in their company. However, the year-on-year increase of the share prices was smaller. Consumers were more negative about their financial situation in the next twelve months and about future unemployment. The price increase year-on-year of owner-occupied dwellings was smaller. The year-on-year decrease of the employed labour force was larger.
Related items
- PDF Explanatory notes: Consumption indicator - PDF