Household consumption up by 0.6 percent in April

By editor
June 7, 2024

These are volume figures, which means they are adjusted for price changes. In addition, they have been adjusted for differences in the shopping-day pattern. The CBS Consumption Radar for May shows that conditions for Dutch household consumption in May were, on balance, more favourable than they were in April.

2020 May -11.8
2020 June -6.9
2020 July -3.6
2020 August -0.5
2020 September -3.9
2020 October -4.5
2020 November -7.1
2020 December -11
2021 January -11.7
2021 February -11
2021 March 0.4
2021 April 12.8
2021 May 11.9
2021 June 8.1
2021 July 3.4
2021 August 4.1
2021 September 5.5
2021 October 9.4
2021 November 9.7
2021 December 5.3
2022 January 12.5
2022 February 14.7
2022 March 12.3
2022 April 10.9
2022 May 6.2
2022 June 5.3
2022 July 3.6
2022 August 2
2022 September 2
2022 October 0.9
2022 November 2.4
2022 December 9.5
2023 January 5.2
2023 February 2.4
2023 March 1.5
2023 April -0.4
2023 May 0.1
2023 June 0.8
2023 July -0.6
2023 August -0.1
2023 September -1.7
2023 October 0.4
2023 November 0.7
2023 December 0.4
2024 January 0.8
2024 February 0.2
2024 March 0.4
2024 April 0.6

Spending on services and goods went up

In April, consumers spent 0.7 percent more on services year on year, adjusted for price changes. These services include public transport, communication, recreation and culture, and accommodation and food services. Spending on services makes up over half of all expenditure on domestic household consumption.

Households spent 3.0 percent more on durable goods, such as clothing, home furnishing and electrical appliances. Spending on food, beverages and tobacco (adjusted for price changes) was up by 0.8 percent. However, they spent 3.8 percent less on other goods, such as energy and motor fuels. April 2024 was less cold than April 2023.

Durable goods 3
Food, drinks and tobacco 0.8
Services 0.7
Other goods (e.g. gas) -3.8
Total 0.6

Consumer climate more favourable in May

Every month, CBS publishes figures about the conditions for household consumption in its Consumption Radar. Household consumption is influenced by factors such as consumers’ expectations, their personal financial situation and labour market conditions. Although the Radar indicators are closely correlated with household consumption, improved conditions do not necessarily translate into an increase in consumption.

According to the CBS Consumption Radar for May, conditions for Dutch household consumption in May were more favourable than they were in April. This is mainly because manufacturers’ assessment about future employment in their company improved and the year-on-year price increase for owner-occupied dwellings was larger.

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