Dutch consumer confidence improves slightly in December

According to Statistics Netherlands (CBS), the mood among Dutch consumers has improved marginally in December. The consumer confidence indicator stands at + 25, up from + 23 in November. Opinions of Dutch consumers on the economic climate have improved. Willingness to buy has also increased.

With a score of + 25 in December, the consumer confidence indicator is significantly above its long-term average over the past two decades (- 3). The indicator reached an all-time high in January 2000 (+ 36) and an all-time low in March 2013 (- 41).

Consumer confidence, seasonally adjusted
Consumer confidence, seasonally adjusted
 balance
2014 J-6
2014 F-2
2014 M1
2014 A4
2014 M6
2014 J6
2014 J5
2014 A2
2014 S-2
2014 O1
2014 N-2
2014 D-4
2015 J-2
2015 F-1
2015 M7
2015 A10
2015 M11
2015 J14
2015 J13
2015 A13
2015 S11
2015 O12
2015 N14
2015 D13
2016 J11
2016 F6
2016 M2
2016 A6
2016 M7
2016 J11
2016 J9
2016 A9
2016 S12
2016 O17
2016 N21
2016 D21
2017 J21
2017 F22
2017 M24
2017 A26
2017 M23
2017 J23
2017 J25
2017 A26
2017 S23
2017 O23
2017 N23
2017 D25

Mood about economic climate improves

Consumer confidence in the economic climate shows improvement in December. This component indicator of consumer confidence now stands at + 45, up from + 41 in November.

Consumers’ willingness to buy increases slightly in December. This component indicator of consumer confidence stands at +12, up from +10 in November. Consumers are slightly more positive about their personal financial situation as well as about buying expensive, durable items.

Record number of consumers expect unemployment to decline

Expectations about future unemployment are improving considerably. Over 61 percent of respondents expect unemployment to decline in the coming 12 months, whereas nearly 11 percent anticipate an increase. The balance of positive and negative answers is +50. This is the highest measured balance so far.

Today Statistics Netherlands (CBS) also publishes new labour force figures. According to the definition of the International Labour Organisation (ILO), the number of unemployed fell below 400 thousand in November for the first time after August 2009.

Consumers’ expectations about future unemployment
Consumers’ expectations about future unemployment
 %
2014 J-40
2014 F-61
2014 M-43
2014 A-48
2014 M-26
2014 J-29
2014 J-18
2014 A-9
2014 S-7
2014 O-8
2014 N-18
2014 D-24
2015 J-17
2015 F-26
2015 M-2
2015 A-3
2015 M-1
2015 J11
2015 J-1
2015 A13
2015 S3
2015 O-13
2015 N-9
2015 D-13
2016 J-26
2016 F-13
2016 M-36
2016 A-16
2016 M-19
2016 J2
2016 J-3
2016 A2
2016 S7
2016 O2
2016 N13
2016 D23
2017 J36
2017 F43
2017 M38
2017 A42
2017 M34
2017 J37
2017 J36
2017 A45
2017 S41
2017 O49
2017 N45
2017 D50

Consumer confidence December

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