consumption
noun [ U ]
ECONOMICS uk/kənˈsʌmpʃən/ usthe act of using, eating, or drinking something, or the amount that is used, etc.:
fuel/energy, etc. consumption Water transport costs less than road transport, cuts congestion, and reduces energy consumption.
increase/reduce the consumption of sth a program designed to increase the consumption of fruit and vegetables by low-income families
As a nation, our consumption of junk food is horrifying.
the process of buying and using goods, or the amount that is bought and used:
domestic/home consumption Most of our products are made for domestic consumption rather than export.
Increased household wealth is associated with higher personal consumption.
See also
capital consumption
conspicuous consumption
final consumption