Household consumption in the Netherlands rose 0.5% year-on-year in November 2025, easing from an upwardly revised 0.9% gain in the previous month and marking the weakest growth since April. Durable goods spending moderated (1.4% vs 2.3% in October), supported mainly by footwear, appliances, and clothing, while overall goods consumption was subdued (0.1% vs 1.0%). Outlays on other goods, such as energy and motor fuels, dropped sharply (-3.4% vs 0.5%). In contrast, services, which account for over half of household spending, maintained steady growth (at 0.9%), led by transport, communication, and medical services. Food, beverages, and tobacco rebounded (1.1% vs -0.3%). Meanwhile, the December Consumption Radar signaled worsening conditions, with consumers more pessimistic about unemployment and less confident in their financial outlook for the year ahead. The employed labour force and share price growth also slowed, underscoring softer momentum in household demand.

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