Household consumption nearly 9 percent up in May - Statistics Netherlands

serongyu.blogspot.com

Consumption figures have been adjusted for price changes and differences in the shopping-day pattern.

Domestic household consumption (volume, adjusted for shopping days)

2017	June	2.7
2017	July	2.5
2017	August	2.3
2017	September	3.3
2017	October	1
2017	November	2.6
2017	December	1.7
2018	January	1.7
2018	February	3.2
2018	March	3
2018	April	3.2
2018	May	2
2018	June	2.6
2018	July	2.8
2018	August	2.6
2018	September	2
2018	October	2.1
2018	November	2.2
2018	December	1.7
2019	January	1.3
2019	February	0.9
2019	March	1.4
2019	April	1.5
2019	May	2.5
2019	June	1.4
2019	July	1.1
2019	August	1.1
2019	September	2
2019	October	2
2019	November	1.7
2019	December	3.1
2020	January	1
2020	February	1.2
2020	March	-6.4
2020	April	-17
2020	May	-12
2020	June	-7
2020	July	-2.4
2020	August	-2
2020	September	-3.7
2020	October	-6
2020	November	-6.4
2020	December	-11.6
2021	January	-13.1
2021	February	-11.6
2021	March	-0.4
2021	April	9.7
2021	May	8.8

Consumers spent more on both goods and services

In May 2021, consumers spent 19.5 percent more on durable goods than in May 2020. Spending on clothes, footwear and passenger cars was up in particular.

Consumers spent 0.5 percent more on food, beverages and tobacco than one year previously. Consumption of other goods, such as natural gas, electricity and motor fuels, was 10.9 percent up. Due to lower temperatures, households consumed more natural gas. Spending on motor fuels was also higher.

In May 2021, consumers spent 6.8 percent more on services such as telephone and internet subscriptions, insurance, visits to hairdressers, restaurants, and football games than in May 2020. This can partly be attributed to the relaxation of the COVID-19 measures as of 19 May 2021. From that day onwards, zoos, amusement parks, libraries, gyms and rental agencies for recreational activities were allowed to open again. Furthermore, bars and restaurants were allowed to open their terraces until 8pm instead of 6pm. In general, spending on services accounts for over half of total domestic consumer expenditure.

Three weeks ago, CBS reported year-on-year turnover growth in retail trade of 9.7 percent in May 2021. Turnover was up considerably in the non-food sector and slightly down in the food sector. Online turnover was 16 percent higher than in May 2020. These figures have also been adjusted for the shopping-day pattern.

Domestic household consumption by category (volume, adjusted for shopping days), May 2021

Durable goods	19.5
Other goods (e.g. gas)	10.9
Services	6.9
Food, drinks and tobacco	0.5
Total	8.8

Adblock test (Why?)

"consumption" - Google News
July 22, 2021 at 08:00PM
https://ift.tt/2V5a4hg

Household consumption nearly 9 percent up in May - Statistics Netherlands
"consumption" - Google News
https://ift.tt/2WkKCBC
https://ift.tt/2YCP29R

Bagikan Berita Ini