No further decline in consumer confidence

© CBS / Nikki van Toorn
According to Statistics Netherlands (CBS), consumer confidence has not dropped further in April after eight consecutive months of decline. The consumer confidence indicator stands at -3 this month, one point up on the previous month. The willingness to buy has improved slightly, while opinions on the economic climate have not changed.

At -3, the consumer confidence indicator in April stands at 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
2015May11
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
April-3

Willingness to buy improves slightly, opinions on economic climate unchanged

Consumers’ willingness to buy has improved slightly: from -4 in March to -3 in April. Consumers have not changed opinion about their financial situation but do find the time slightly more favourable to make large purchases.

The component indicator on Economic climate remains at -3. In April, consumers are slightly less positive about the economic climate in the past twelve months while their outlook for the coming twelve months is slightly less negative.

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