Categories: Economy

Slightly growing household consumption: more services, fewer goods Related articles

Consumers spent slightly more in April than a year earlier. As in previous months, they spent more on services, but less on goods, reports Statistics Netherlands. Households bought fewer items of furniture, household appliances, clothing and shoes. Less food, drink and tobacco were also bought.

Consumers spent slightly more in April than a year earlier. As in previous months, they spent more on services, but less on goods, reports Statistics Netherlands. (ANP / Robin Utrecht)

Total household consumption was 0.3% higher in April than twelve months earlier. Consumers spent 3.5% more on services such as insurance, public transport and a visit to a restaurant, event or hairdresser than in April 2022. Spending on services accounts for more than half of total household consumer spending by families.

Less

People spend 4.6% less on food, drink and tobacco. Spending on durable goods was also 4.1% lower. Consumers also consumed 2.1% fewer other goods, such as energy, in April. Although it was colder than April 2022, households consumed less gas.

Statistics Netherlands also notes that conditions for consumption in May were less favorable than in April. This was due to the fact that the year-on-year decline in the prices of existing owner-occupied homes was greater and the increase in the employed labor force was less than in the previous month.

AuthorSt: BNR Web redactie and ANP
Source: BNR

Share
Published by
Andrew

Recent Posts

Miss Switzerland candidate accuses Trump of sexual assault

A former Miss Switzerland candidate is accusing Donald Trump of “bumping” her at a meeting…

6 months ago

10 fun facts about Italian classics – or did they come from China?

Friday is pasta day—at least today. Because October 17th is World Pasta Day. It was…

6 months ago

Lonely Planet recommends Valais for travelers

The Lonely Planet guide recommends Valais as a tourist destination next year. The mountain canton…

6 months ago

Lonely Planet recommends Valais for travelers

The Lonely Planet guide recommends Valais as a tourist destination next year. The mountain canton…

6 months ago

Kamala Harris enters media ‘enemy territory’ – that’s what she did at Fox

Kamala Harris gave an interview to the American television channel Fox News, which was not…

6 months ago

One Direction singer Liam Payne (31) died in Buenos Aires

The British musician attended the concert of his former bandmate in Buenos Aires. The trip…

6 months ago