Household spending fell -0.3% MoM in March 2025, with the trend indicating a 0.2% MoM increase and a 3.7% YoY increase.

• Spending in volume terms remained unchanged QoQ but increased 0.9% YoY.
• Six of nine spending categories saw decreases, with the largest declines in alcoholic beverages and tobacco (-2.6%), hotels, cafes and restaurants (-1.1%), and transport (-0.5%).
• Goods spending increased 0.1% MoM, driven by increased spending on food, household appliances, vehicles, and recreation goods.
• Services spending fell -0.7% MoM, primarily due to decreases in accommodation, transport, and health services.
• Discretionary spending fell -0.4% MoM, influenced by declines in tobacco, accommodation, alcoholic beverages, and recreational services.