Dutch consumers equally positive in July

© Hollandse Hoogte
According to Statistics Netherlands (CBS), the mood among Dutch consumers has not changed in July 2018. The consumer confidence indicator remains at + 23. Opinions of Dutch consumers on the economic climate and willingness to buy are equally positive.

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.

Consumer confidence, seasonally adjusted (average of the component questions)
   balance
2014A2
S-2
O1
N-2
D-4
2015J-2
F-1
M7
A10
M11
J14
J13
A13
S11
O12
N14
D13
2016J11
F6
M2
A6
M7
J11
J9
A9
S12
O17
N20
D21
2017J21
F22
M24
A26
M23
J23
J25
A26
S23
O23
N23
D25
2018J24
F23
M24
A25
M23
J23
J23

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.

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