Dutch consumer confidence improves slightly in March

© Hollandse Hoogte
According to Statistics Netherlands (CBS), the mood among Dutch consumers has improved marginally in March 2018. The consumer confidence indicator stands at + 24, up from + 23 in February. Opinions of Dutch consumers on the economic climate are slightly more positive. Willingness to buy remains stable.

With a score of + 24 in March, 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 has fluctuated between + 23 and + 26 for over a year now.

Consumer confidence, seasonally adjusted (average of the component questions)
   balance
2014A4
M6
J6
J5
A2
S-2
O1
N-2
D-4
2015J-2
F-1
M7
A10
M11
J14
J13
A13
S11
O12
N14
D13
2016J11
F6
M2
A6
M7
J11
J9
A9
S12
O17
N20
D21
2017J21
F22
M24
A26
M23
J23
J25
A26
S23
O23
N23
D25
2018J24
F23
M24

Mood about economic climate slightly more positive

Consumer confidence in the economic climate was somewhat more favourable in March. This component indicator of consumer confidence stands at + 45, up from + 43 in February. Opinions on the economic climate in the coming twelve months as well as in the past twelve months have improved.

Consumers’ willingness to buy remains unchanged at +10, just as in February. Dutch consumers’ opinions about their personal financial situation have hardly changed in March and are equally positive about buying expensive, durable items as in February.

Dutch Consumer confidence

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