Dutch consumer confidence falls

20/06/2013 09:30

The mood among Dutch consumers deteriorated in June compared with May, after having improved for three consecutive months. Consumer confidence fell by 4 points to -36. Consumers were obviously more pessimistic about the economic climate in general. Willingness-to-buy remained stable.

Consumer confidence

Consumer confidence

In June, Dutch consumers were far more negative than in May about the economic climate in the next 12 months. The decline was preceded by substantial improvements in April and May. Consumers’ opinions on the economic climate over the past 12 months were somewhat less negative than in May. On balance, the component indicator economic climate fell by 8 points to -53.

Willingness-to-buy is at a low level. This component indicator decreased by 1 point in June to -25. Consumers thought the time was slightly more unfavourable to buy expensive items like washing machines and TV sets, whereas their opinions about their own financial situation hardly altered.

Consumer confidence, seasonally adjusted

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.