European Final Household Consumption Expenditure on Non-durable Goods by Country

In 2023, Germany leads Europe in household consumption expenditure on non-durable goods, followed by France and Italy. Countries like Latvia and Estonia witnessed the highest year-on-year growth rates of over 11%. Eastern European countries such as Bulgaria and Romania showed substantial growth, surpassing 9%, while Slovenia, Slovakia, and the Czech Republic also posted commendable increases. Conversely, Western European nations grew more moderately, with the United Kingdom and Cyprus displaying the least growth among larger economies.

Future trends to watch for include:

• Potential impact of inflation and economic policies on consumer spending patterns.
• The role of digitalization in altering non-durable goods consumption.
• Potential shifts due to environmental sustainability and changing consumer preferences.