Consumers negative again

© Hollandse Hoogte / Richard Brocken
According to Statistics Netherlands (CBS), the mood among Dutch consumers is negative again. The consumer confidence indicator stands at -2 in September, down from 0 in August. Opinions of Dutch consumers on the economic climate as well as their willingness to buy have deteriorated slightly.

At -2, the consumer confidence indicator in September stands above its long-term average over the past two decades (-4). 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
2015October12
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
May-3
June0
July2
August0
September-2

Opinions on economic climate less positive and willingness to buy slightly deteriorating

The component indicator on Economic climate has deteriorated: from -1 in August to -3 in September. This is mainly due to consumers being more negative about the coming twelve months.

Consumers’ willingness has deteriorated slightly in September. This component indicator stands at -1, down from 0 in August. Opinions on their financial situation over the past twelve months have deteriorated slightly and they also find this a slightly less favourable time to make large purchases.

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