Families eat into their savings

Dutch households may have had less disposable cash last year but they did manage to spend more by eating into their savings, according to new figures from the national statisics office CBS.

While spending power fell by an average 1.4%, actual spending rose 0.4% reducing the amount of money in savings accounts by €4.1bn, the CBS said.
The bulk of the increase in spending was accounted for by higher health insurance and other premiums.

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