Dutch consumer confidence considerably higher

According to Statistics Netherlands (CBS), the mood among Dutch consumers is much more positive in September than in August. Consumers’ willingness to buy is also improving. The consumer confidence indicator has risen by 6 points, from + 2 in August to + 8 in September. This is mainly because consumers are more positive about the economic climate.

With a score of + 8, consumer confidence is significantly above its long-term average over the past two decades (- 8). The indicator reached an all-time high in April 2000 (+ 27) and an all-time low in February 2013 (- 44).

Consumer confidence, seasonally adjusted
Consumer confidence, seasonally adjusted
 %
2012 O-33
2012 N-38
2012 D-39
2013 J-36
2013 F-44
2013 M-41
2013 A-35
2013 M-32
2013 J-36
2013 J-37
2013 A-32
2013 S-32
2013 O-26
2013 N-18
2013 D-17
2014 J-12
2014 F-10
2014 M-6
2014 A-5
2014 M-2
2014 J-3
2014 J-2
2014 A-6
2014 S-7
2014 O-3
2014 N-8
2014 D-7
2015 J-6
2015 F-6
2015 M2
2015 A1
2015 M2
2015 J7
2015 J5
2015 A6
2015 S5
2015 O6
2015 N9
2015 D6
2016 J4
2016 F-1
2016 M-4
2016 A1
2016 M1
2016 J5
2016 J1
2016 A2
2016 S8

Consumers much more optimistic about the economic climate

In September, Dutch consumers are much more positive about the economy in general than in August. The component indicator economic climate has risen to + 18 in September, up from + 7 in August. Consumers are much more optimistic about the economic situation in the past and next 12 months.

Consumers’ willingness to buy is also improving in September, compared to the preceding month. This component indicator of consumer confidence currently stands at + 2, versus - 2 in August. This is because consumers are less negative about their personal financial situation and because they think it is a better time to buy expensive, durable items.

Scheme


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