Consumer spending hit by warm weather

Household consumption rose by just 1.5% in the first half of 2007 compared with 2.7% in 2006, the national statistics office CBS reports on Monday. The main reason for the dip was lower gas use because of the warm weather.

Households spent 5% more on durable goods in the first six months of 2007 says the CBS. In 2006 the figure was 6%. Spending on food, drink and tobacco was up 1.7%, slightly less than in 2006. Spending was also down on services, with new financial regulations on day care nurseries accounting for a fall of 0.5%, the CBS said.

Thank you for donating to

We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.

Make a donation