Dutch consumers less positive in May

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© 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.

Consumer confidence, seasonally adjusted
   balance (average of the component questions)
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
2018A25
2018M23

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