Dutch consumers less positive in October

© Nikki van Toorn (CBS)
According to Statistics Netherlands (CBS), the mood among Dutch consumers in October 2018 is less positive for the third consecutive month. The consumer confidence indicator drops 4 points and stands at 15. Opinions of Dutch consumers on the economic climate are less positive. Willingness to buy also deteriorates.

With a score of 15 in October, the consumer confidence indicator remains 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, seasonally adjusted (average of the component questions)
 balance
2014 November-2
2014 December-4
2015 January-2
2015 February-1
2015 March7
2015 April10
2015 May11
2015 June14
2015 July13
2015 August13
2015 September11
2015 October12
2015 November14
2015 December13
2016 January11
2016 February6
2016 March2
2016 April6
2016 May7
2016 June11
2016 July9
2016 August9
2016 September12
2016 October17
2016 November20
2016 December21
2017 January21
2017 February22
2017 March24
2017 April26
2017 May23
2017 June23
2017 July25
2017 August26
2017 September23
2017 October23
2017 November23
2017 December25
2018 January24
2018 February23
2018 March24
2018 April25
2018 May23
2018 June23
2018 July23
2018 August21
2018 September19
2018 October15

Dutch consumers less positive about the economic climate

In October, Dutch consumers are less positive about the economic climate for the third consecutive month. This component indicator of consumer confidence has dropped from 34 to 28. Opinions on both the economic climate in the past twelve months and in the coming twelve months are less positive than in September.

Consumers’ willingness to buy has deteriorated: 6, down from 8 in September. Consumers are slightly less positive about their personal financial situation as well as about buying expensive, durable items.

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