Meaning of “final consumption” in the English Dictionary

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"final consumption" in Business English

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final consumptionnoun [ U ]


the total amount of goods and services bought and used in an economy, or the action of buying these goods and services:

private/household/government final consumption Private final consumption grew by a robust 13.5 percent in the first quarter this year.

(Definition of “final consumption” from the Cambridge Business English Dictionary © Cambridge University Press)