Dutch consumers less positive in May

23/05/2018 15:00
© Hollandse Hoogte / Berlinda van Dam
According to Statistics Netherlands (CBS), the mood among Dutch consumers is less positive in May 2018. The consumer confidence indicator stands at + 23, down from + 25 in April. Opinions of Dutch consumers on the economic climate are less positive. Willingness to buy has also deteriorated marginally.

With a score of + 23 in May, 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 less positive

Consumer confidence in the economic climate is less favourable in May. This component indicator of consumer confidence stands at + 43, down from + 47 in April. Opinions on the economic climate in the coming twelve months as well as in the past twelve months have deteriorated.

Consumers’ willingness to buy has deteriorated marginally: + 10, down from +11 in April. Dutch consumers’ opinions about their personal financial situation in the past twelve months are slightly more negative. Consumers are also less positive about their financial situation in the coming twelve months and about buying expensive, durable items compared to April.

Consumer confidence May 2018

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