Dutch consumer confidence improves slightly in March

21/03/2018 15:00
© 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.

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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