Fall in household spending slows
Thursday 30 August 2012
Household spending fell 0.6% in June compared with the year-earlier period, but the fall was noticeably less severe than in the earlier months of this year, the central statistics agency CBS said on Thursday.
Much of the slowdown can be attributed to more people buying a car ahead of a tax increase introduced on July 1. Extra money was also spent on consumer electronics, the CBS said.
Less money is still being spent on clothing, furniture and household items.
Are you spending less money than a year ago? Have your say on the comment form below.
© DutchNews.nl
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yes, I am spending no more then I have to for the outlook for next year is not good and I know I will be having to pinch penneys.
By dee | 30 August 2012 1:51 PMi spend only what is needed , food , utilities and rent.
I try to avoid spending as much as I can in the NL.
goods here are of low quality , arrive late (electronics) , have little to no customer support and service , overpriced and heavily taxed.
By dork | 30 August 2012 4:39 PMYes, I do the same, spend for basic needs here only, the rest, save & spend in another country where you get better value..
Bankster bailouts, austerity threats & measures, a government that spends too much time arguing about the problems & uses guess work for solutions, and the possibility of a new government like the one we have now, along with healthcare insurance scams... perhaps reason enough for lack of household spending, right??
By The visitor | 31 August 2012 4:14 PMThe visitor has nailed it on the head! Read his comments carefully and take heed.
By Al | 1 September 2012 7:07 PM@Al: :)
By The visitor | 2 September 2012 11:45 PM