Dutch consumers were less pessimistic in October than in the preceding month. The consumer confidence index improved 6 points and reached – 27, the highest score in more than two years. In particular, consumers were less negative about the economic climate in the next 12 months.
All components of the consumer confidence index improved in October. The component indicator economic climate rose by 10 points to – 34. Dutch consumers were considerably less negative about the economic climate in the next 12 months than in September. Their opinions on the economic climate in the past 12 months also improved.
The component indicator willingness-to-buy also improved, by 3 points from – 26 to – 23. Consumers’ expectations about their own financial situation in the next 12 months and in the past 12 months were less negative than in September. For the second time in a row, they thought the time to buy expensive items, like washing machines and TV sets was less unfavourable than in the preceding month.
Consumer confidence, seasonally adjusted
More figures can be found in dossier Business cycle.
For more information on economic indicators, the reader is referred to the Economic Monitor.