Optimism still prevails among Dutch consumers

According to Statistics Netherlands (CBS), the mood among Dutch consumers has not changed in December. The consumer confidence indicator stands at 12, the same as in October and November reaching the highest level in more than nine years. Dutch consumers think the economic climate has hardly changed. Willingness to buy remained the same.

With a score of + 12, December’s consumer confidence indicator 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

Consumers think economic climate has hardly changed

In December, Dutch consumers are somewhat less positive about the economy in general than in November. The component indicator economic climate has fallen from + 24 in November to + 23 in December. Consumers are a bit less optimistic about the economic situation in the past and next 12 months.

Consumers’ willingness to buy remains stable in December compared to the preceding month. This component indicator of consumer confidence currently stands at + 5, just as in November. Consumers are as positive about their personal financial situation as they were in November. They also think the time to buy expensive, durable items is as favourable as in November.

Consumer confidence December 2016