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)
YearMonthbalance
2014November-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
September19
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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