The mood among Dutch consumers improved marginally in March relative to February. The consumer confidence indicator climbed 3 points to -41, but confidence remains low. With -44, the indicator hit the lowest level ever in February this year.
In March, Dutch consumers were less pessimistic about their own financial situation than in the preceding month. They also thought the time was slightly more favourable to buy expensive items, like washing machines and TV sets. On balance, the component indicator willingness-to-buy improved 4 points to reach -28.
Consumers’ opinions about the economic climate in general were also somewhat less negative in March than in February. The component indicator economic climate climbed 2 points to -61.
Consumer confidence, seasonally adjusted
For more information on Dutch consumer confidence, also see Statistics Netherlands’ online video on YouTube.
More figures can be found in dossier Business cycle.
For more information on economic indicators, the reader is referred to the Economic Monitor.