Consumer mood negative for the first time in 4 years

© CBS / Nikki van Toorn
For the first time since March 2015, the mood among Dutch consumers is negative, according to Statistics Netherlands (CBS). The consumer confidence indicator stands at -2 in February, down from 1 in January. Opinions of Dutch consumers on the economic climate as well as their willingness to buy have deteriorated slightly.

With a score of -2 in February, the consumer confidence indicator still remains 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
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 November22
2017 December25
2018 January24
2018 February23
2018 March24
2018 April25
2018 May23
2018 June23
2018 July23
2018 August21
2018 September19
2018 October15
2018 November13
2018 December9
2019 January1
2019 February-2

Opinions on economic climate less positive and willingness to buy deteriorating

In February, Dutch consumers are less positive about the economic climate than in January. This component indicator of consumer confidence has dropped from 3 to 1. Opinions on the economic climate in the past twelve months as well as in the coming twelve months have deteriorated.

Consumers’ willingness to buy has also deteriorated in February : -3, down from -1 in January. Consumers are more negative about their personal financial situation in the past 12 months and about buying expensive, durable items.

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