FX.co ★ Dutch Household Spending Growth Steady in October

Household consumption in the Netherlands recorded a 0.8% year-on-year increase in October 2025, maintaining the growth rate observed in the preceding month. The demand for goods saw an upswing (1% compared to 0.1% in September), primarily fueled by an increase in the purchase of durable consumer goods (2.2% compared to 0.2%). Households increased their spending on items such as footwear, electrical appliances, home furnishings, and apparel. Additionally, the consumption of services, which comprises over half of total household spending, saw continued growth (0.6%, albeit down from 1.2%), particularly in sectors like transport, communication, and healthcare services. Spending on other goods, including personal care products and energy, also saw a slight uptick (0.5% from 0.4%). On the other hand, expenditures on food, beverages, and tobacco declined (-3%). The November edition of the Consumption Radar, which monitors significant factors influencing household spending, indicated an improvement over October's figures, bolstered by rising share prices and a more optimistic consumer outlook for the upcoming year.