Dutch consumers equally positive in July
With a score of + 23 in Jule, 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 been above + 20 since the end of 2016.
|balance (average of the component questions)|
Opinions on the economic climate and willingness to buy unchanged
Consumer confidence in the economic climate has not changed in July. This component indicator of consumer confidence stands at + 43. Opinions on the economic climate in the past twelve months have improved marginally, consumers are equally positive about the economic climate in the coming twelve months.
Consumers’ willingness, too, has not changed and stands at + 9. Dutch consumers’ opinions about their personal financial situation in the past twelve months are slightly less negative, but consumers are somewhat less positive about buying expensive, durable items compared to June.
- Dossier - Business Cycle