Dutch consumer confidence improves slightly in March

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

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