Dutch consumers slightly less positive

According to Statistics Netherlands (CBS), the mood among Dutch consumers is slightly less positive in August than in July. The consumer confidence indicator drops 2 points and stands at 21. Dutch consumers are less optimistic about the economic climate. Willingness to buy remains unchanged.

With a score of 21 in August, the consumer confidence indicator is still 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)
YearMonthbalance
2014September-2
October1
November-2
December-4
2015January-2
February-1
March7
April10
May11
June14
July13
August13
September11
October12
November14
December13
2016January11
February6
March2
April6
May7
June11
July9
August9
September12
October17
November20
December21
2017January21
February22
March24
April26
May23
June23
July25
August26
September23
October23
November23
December25
2018January24
February23
March24
April25
May23
June23
July23
August21

Dutch consumers less positive about the economic climate

In August, Dutch consumers are less positive about the economic climate than in July. This component indicator of consumer confidence has dropped from 43 to 40. Opinions on both the economic climate in the past twelve months and the economic climate in the coming twelve months are less positive than in July.

Consumers’ willingness to buy has not changed and still stands at 9 in August. Consumer opinions on both their personal financial situation and on purchasing expensive, durable items have hardly changed.

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