Household spending 6.5 percent down in November

More recent figures are available on this topic. View the latest figures here.
According to figures released by Statistics Netherlands (CBS), consumers spent 6.5 percent less in November 2020 than in the same month of the previous year. The decline is somewhat smaller than in October. Just as in the previous months, consumers mainly spent less on services. On the other hand, consumers spent more on durable goods than in November 2019.

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

Domestic household consumption (volume, adjusted for shopping days)
Year MonthChange (year-on-year % change)
' 16December1.6
2017January3.3
2017February2.6
2017March2.2
2017April2.8
2017May3
2017June2.7
2017July2.5
2017August2.3
2017September3.3
2017October1
2017November2.6
2017December1.7
2018January1.7
2018February3.2
2018March3
2018April3.2
2018May2
2018June2.6
2018July2.8
2018August2.6
2018September2
2018October2.1
2018November2.2
2018December1.7
2019January1.3
2019February0.9
2019March1.4
2019April1.5
2019May2.5
2019June1.4
2019July1.1
2019August1.1
2019September2
2019October2
2019November1.7
2019December3.1
2020January0.9
2020February1.2
2020March-6.4
2020April-17.1
2020May-12.1
2020June-7.1
2020July-2.7
2020August-2.3
2020September-4
2020October-6.8
2020November-6.5

More spent on services, less on durable goods

In November, consumers spent 14.1 percent less on services, such as visits to restaurants, hairdressers, cinemas, museums and football matches, than one year previously. The contraction was more substantial than in October. Restaurants and bars were closed for the whole month of November. Amusement parks, cinemas, theatres, zoos, museums, libraries and swimming pools had to close as of 4 November. Spending on services accounts for over half of total domestic consumer expenditure.

Consumer spending on durable goods increased by 6.0 percent. Households mainly spent more on electrical appliances and home furnishings compared to November 2019. Spending on transport equipment, clothing and footwear, on the other hand, was lower than one previously. Consumer spending on food, beverages and tobacco was 4.9 percent up year-on-year. Spending on other goods such as natural gas, electricity and motor fuels was 2.9 percent down. Consumers purchased substantially less fuel. Furthermore, natural gas consumption for heating was lower than in November 2019 as a result of milder temperatures.

Three weeks ago, CBS reported a year-on-year increase in retail trade turnover of 9.6 percent in November 2020. The volume of sales increased by 8.4 percent. Turnover was up in both the food  and the non-food sector. These figures have been adjusted for the shopping-day pattern as well.

Domestic household consumption by category (volume, adjusted for shopping days), November 2020
 Change (year-on-year % change)
Durable goods6
Food, drinks and tobacco4.9
Other goods (e.g. gas)-2.9
Services-14.1
Total-6.5

The figures presented in this news release are provisional and subject for revision.