Consumers confidence down slightly

22/02/2010 09:30

Consumer confidence has decreased slightly, to -13 in February 2010 from -10 in January. Consumers were notably less positive about the future.

Consumer confidence

Consumer confidence

Dutch consumers were far less optimistic about the economic climate in the next twelve months in February than they were in January. This component indicator fell from 14 to 6. Consumers’ opinions on the economic situation in the past twelve months improved slightly, but remained very negative. On balance, the indicator reflecting consumers’ views on the economic situation deteriorated 3 points.

Consumers were also more pessimistic about their own financial situation than in January. With a 5 point drop, the indicator reflecting opinions on the financial situation in the next twelve months fell by most. Consumers were also more sombre about their own financial situation in the past twelve months, however. Opinions on whether it is a good time to purchase expensive items deteriorated marginally. As a result, the willingness-to-buy indicator fell from -4 in January to -7 in February.

For more information on Dutch consumer confidence, see Statistics Netherlands’ online video on YouTube.

Consumer confidence, seasonally adjusted

Consumer confidence, seasonally adjusted