Household consumption picks up
In June 2010, household spending on goods and services was 1.3 percent up on June 2009. The growth was more substantial than in May, when households spent 0.8 percent more than one year previously. Spending on goods and services increased by 2.4 and 0.4 percent respectively in June. Consumption figures have been adjusted for price changes and differences in the shopping-day pattern.
Consumption of food, drinks and tobacco was almost 3 percent up on one year previously. Spending on durable consumer goods was nearly 5 percent up in June 2010 on June 2009. This is predominantly caused by a sharp increase in car sales relative to June 2009. Spending on consumer electronics also increased, but Dutch consumers spent less on home furnishing and motor fuels.