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Daily Dutch News in English

Dutch household spending up 0.3 percent

Dutch household spending on goods and services was 0.3 percent higher in July 2011 than in July 2010, whereas in June, household spending was 1.0 percent down on one year previously. Consumption figures are adjusted for price changes and differences in the shopping-day pattern.

Spending on goods in July 2011 was almost the same as in July 2010, according to the figures by the Dutch Central Bureau of Statistics (CBS) published Thursday. Dutch consumers spent 2.2 percent more on durable goods. They spent more on consumer electronics, cloths and shoes, but less on cars and home furnishing articles. Spending on food, drinks and tobacco dropped by 1.8 percent. Spending on services increased by 0.6 percent relative to the same month last year.

The Household Consumption Radar shows the conditions affecting household consumption. In September, these conditions deteriorated across the board for the second month in a row.