Lower gas use boosts spending

28th March 2007, Comments 0 comments

28 March 2007, AMSTERDAM – Households spent 0.6 percent more on goods and services this January than in the same month last year. They actually spent 0.6 percent less on goods – as a result of decreased natural gas use in connection with the milder temperatures - and 1.8 percent more on services, according to figures from Statistics Netherlands (CBS).

28 March 2007

AMSTERDAM – Households spent 0.6 percent more on goods and services this January than in the same month last year. They actually spent 0.6 percent less on goods – as a result of decreased natural gas use in connection with the milder temperatures -  and 1.8 percent more on services, according to figures from Statistics Netherlands (CBS).

Households spent 1.4 percent more on food and other items including cigarettes and alcohol in January than a year earlier. The expenditures on durable goods were 3.8 percent higher. Households primarily spent more on clothing and household appliances. The expenditures on durable goods did grow more slowly than in previous months however.

Households used just over 25 percent less gas in January for heating because of the mild temperatures. Households will not notice the difference until they receive their end-of-year bill.

[Copyright Expatica News 2007]

Subject: Dutch news

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