Household consumption in the Netherlands surged 14.8 percent year-on-year in April of 2022, accelerating from a 11.2 percent gain in the previous month, pointing to the strongest growth since the series began in 2000, due to lifting COVID-19 restrictions. Spending on services grew faster (27.1 percent vs 18.2 percent in March), mainly telephone and internet subscriptions, insurance, a visit to the hairdresser, a restaurant or a football match. Meanwhile, spending on durable consumer goods continued to increase (8.2 percent vs 10.9 percent), boosted by clothing, shoes, and electrical equipment, due to lifting Covid-19 restrictions, while a year earlier, non-essential shops were still hindered by a lockdown. source: Statistics Netherlands

Personal Spending in Netherlands averaged 0.84 percent from 2000 until 2022, reaching an all time high of 14.80 percent in April of 2022 and a record low of -17.40 percent in April of 2020. This page provides - Netherlands Consumer Spending MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news. Netherlands Household Consumption YoY - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.

Personal Spending in Netherlands is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Netherlands Household Consumption YoY is projected to trend around 2.50 percent in 2023 and 2.10 percent in 2024, according to our econometric models.

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Netherlands Household Consumption YoY



Calendar GMT Actual Previous Consensus TEForecast
2022-05-17 07:30 AM Mar 11.2% 13.4% 13.2%
2022-06-22 04:30 AM Apr 14.8% 11.2% 12.1%
2022-07-20 04:30 AM May 14.8%


Related Last Previous Unit Reference
Consumer Confidence -50.00 -47.00 points Jun 2022
Retail Sales MoM 4.20 -4.20 percent Feb 2022
Retail Sales YoY 0.70 8.20 percent May 2022
Consumer Spending 82488.00 82881.00 EUR Million Mar 2022
Disposable Personal Income 399129.00 377777.00 EUR Million Dec 2021
Personal Spending 14.80 11.20 percent Apr 2022

Netherlands Household Consumption YoY
In the Netherlands, Household Consumption YoY measures the year-on-year change of consumption expenditure by households. Consumption expenditure includes all voluntary expenditure on goods and services by private individuals and households. It does not include compulsory expenditure such as taxes. Services is the most important sector and accounts for 58 percent of total consumption. The biggest segments within Services are housing; financial and business services; transport, communication services; and medical services and welfare. Consumption of goods account for the remaining 42 percent, in particular durable consumer goods (15 percent) and food, beverages and tobacco (15 percent).
Actual Previous Highest Lowest Dates Unit Frequency
14.80 11.20 14.80 -17.40 2000 - 2022 percent Monthly
WDA

News Stream
Dutch Household Spending Hits Record High
Household consumption in the Netherlands surged 14.8 percent year-on-year in April of 2022, accelerating from a 11.2 percent gain in the previous month, pointing to the strongest growth since the series began in 2000, due to lifting COVID-19 restrictions. Spending on services grew faster (27.1 percent vs 18.2 percent in March), mainly telephone and internet subscriptions, insurance, a visit to the hairdresser, a restaurant or a football match. Meanwhile, spending on durable consumer goods continued to increase (8.2 percent vs 10.9 percent), boosted by clothing, shoes, and electrical equipment, due to lifting Covid-19 restrictions, while a year earlier, non-essential shops were still hindered by a lockdown.
2022-06-22
Dutch Household Spending Growth Eases in March
Household consumption in the Netherlands advanced 11.2 percent year-on-year in March of 2022, easing from a downwardly revised 13.4 percent rise in the previous month. Spending on durable consumer goods increased 11 percent (vs 30.2 percent in February), boosted by clothing, shoes, home furnishings and electrical equipment, due to lifting Covid-19 restrictions, while a year earlier, non-essential shops were still hindered by a lockdown. Meanwhile, spending on services grew 18.2 percent (vs 16.9 percent), mainly telephone and internet subscriptions, insurance, a visit to the hairdresser, a restaurant or a football match.
2022-05-17
Dutch Household Spending Grows at Record Pace
Household consumption in the Netherlands surged 13.8% year-on-year in February of 2022, accelerating from a 11.1 percent rise in the previous month. It was the strongest growth in household spending since the series began in January 2000, mainly boosted by gains in spending on both durable goods (32% vs 27.8% in January) and services (16.8% vs 12.4%), amid low base effects. Within services, consumption increased for telephone and internet subscriptions, insurance, hairdresser, restaurants and football matches. Spending was also higher for clothing, shoes, home furnishings and electrical equipment, due to lifting Covid-19 restrictions, while a year earlier, non-essential shops in particular were still affected by a hard lockdown.
2022-04-21