Definition: Actual individual consumption (AIC)

Category: Statistics Explained

Actual individual consumption, abbreviated as AIC, refers to all goods and services actually consumed by households. 

It encompasses consumer goods and services purchased directly by households, as well as services provided by non-profit institutions and the government for individual consumption (e.g., health and education services). http://epp.eurostat.ec.europa.eu/statistics_explained/index.php/Glossary:Actual_individual_consumption_(AIC)