Consumer confidence at highest point in over 9 years
With a score of + 12, consumer confidence is far 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’s willingness to buy improves significantly
In October, Dutch consumers are a bit more positive about the economy in general than in September. The component indicator economic climate has risen to + 20 in October, up from + 18 in September. Consumers are more optimistic about the economic situation in the past and next 12 months.
Consumers’ willingness to buy is improving strongly in October, compared to the preceding month. This component indicator of consumer confidence currently stands at + 7, versus +2 in September. Consumers are much more positive about their future personal financial situation. They are also less negative about their financial situation in the past 12 months and they think it is a more favourable time now to buy expensive, durable items.