The consumption figures are volume figures. This means they have been adjusted for price changes. In addition, adjustments have been made for changes in the composition of shopping days. According to the CBS Consumption Radar, the conditions for consumption in October were less unfavorable than in September.
Consumers purchased 1.2 percent more services in September. Adjusted for price changes, they spent more on transport and communication, and recreation and culture than in September 2024. Spending on services accounts for more than half of the total domestic consumer spending by households.
Consumers purchased 0.2 percent more durable goods in September than in September 2024. They mainly bought more electrical appliances and clothing. Households spent 0.3 percent less on food and luxury goods, adjusted for price changes, than in September 2024. Finally, households consumed 0.4 percent more other goods (such as personal care products and energy) in September.
The CBS publishes monthly reports on the conditions for consumption in the Consumption Radar. Household consumption is related to consumer expectations, the labor market situation, and the development of their wealth. The indicators in the radar correlate well with household consumption, but an improvement in conditions does not necessarily mean higher consumption growth.
According to the October Consumption Radar, conditions for consumption were less unfavorable than in September. This is mainly due to a larger year-on-year increase in stock prices and consumers being more positive about their financial position in the coming 12 months.
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The executive board proposes to the municipal council to redesign the entire Ringbaan West with one lane per direction f...
