Consumer confidence further down

© CBS / Nikki van Toorn
According to Statistics Netherlands (CBS), the mood among Dutch consumers in March 2019 is more negative for the eighth consecutive month. The consumer confidence indicator has dropped 2 points and stands at -4. Opinions of Dutch consumers on the economic climate are more negative. Willingness to buy has also deteriorated slightly.

With a score of -4 in March, the consumer confidence indicator is slightly below 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
2015April10
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
November22
December25
2018January24
February23
March24
April25
May23
June23
July23
August21
September19
October15
November13
December9
2019January1
February-2
March -4

Opinions on economic climate more negative and willingness to buy deteriorating

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

Consumers’ willingness to buy also has deteriorated slightly in March : -4, down from -3 in February. Consumers are more negative about their personal financial situation in the past 12 months and about buying expensive, durable items.

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