Consumer confidence up again

22/12/2005 17:00

Consumer confidence, seasonally corrected, rose in December 2005 in comparison with November. This is the third increase in a row. Consumer confidence is now at its highest level for three and a half years. The rise in consumer confidence in December is due to the fact that consumers are less negative about the economic climate, and more willing to buy.

Consumers are considerably less negative about the economic climate than last month. Consumers’ opinions on the economic climate in the past twelve months improved substantially. But consumers were slightly more positive about the economic situation in the coming twelve months as well.

Dutch consumers are slightly less negative about their willingness to buy in December than in November. Willingness to buy is based on the opinion consumers have about their households’ financial situation and on the question whether or not this is a good time for major purchases. Although consumers were more negative about their own financial situation in the last twelve months, they were less sombre about their finances in the next twelve months. They were also less negative about the purchase of durable goods such as furniture.

Consumer confidence, seasonally adjusted

Consumer confidence, seasonally adjusted