Glossary:Household final consumption expenditure (HFCE)

Household final consumption expenditure, abbreviated as HFCE, consists of the total outlay on individual goods and services by resident households, including those sold at below-market prices. HFCE includes imputed expenditures or transactions which do not occur in monetary terms and can therefore not be measured directly.

Related concepts

• Household final monetary consumption expenditure

Statistical data

• Household consumption by purpose

Source

• Household final consumption expenditure (CODED - Eurostat's Concepts and Definitions Database)

• OECD glossary for definition of imputed expenditure