Dutch consumers more negative about economy

22/03/2011 15:00

The mood among Dutch consumers deteriorated slightly in March. The consumer confidence index dropped by 3 points to -8, because consumers were more negative about the economic future. The indicator had improved substantially in January and February.

Consumer confidence

Consumer confidence

Consumers were less confident about the economic situation in March than in February. As a result, the component indicator economic climate dropped by 6 points to -5. Confidence in the economic situation over the next 12 months plummeted by -11 points. Consumers’ opinions on the economy over the past 12 months also deteriorated, but only slightly.

Consumers’ willingness to buy remained stable. This component indicator of consumer confidence stood at -9 in March versus -8 in February. The component indicator willingness to buy remains at a low level.

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

Consumer confidence, seasonally adjusted

Consumer confidence, seasonally adjusted

More figures can be found in dossier Business cycle.