Consumers negative again

19/09/2019 15:00

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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
Year	Month	balance (average of the component questions)
2015	October	12
2015	November	14
2015	December	13
2016	January	11
2016	February	6
2016	March	2
2016	April	6
2016	May	7
2016	June	11
2016	July	9
2016	August	9
2016	September	12
2016	October	17
2016	November	20
2016	December	21
2017	January	21
2017	February	22
2017	March	24
2017	April	26
2017	May	23
2017	June	23
2017	July	25
2017	August	26
2017	September	23
2017	October	23
2017	November	22
2017	December	25
2018	January	24
2018	February	23
2018	March	24
2018	April	25
2018	May	23
2018	June	23
2018	July	23
2018	August	21
2018	September	19
2018	October	15
2018	November	13
2018	December	9
2019	January	1
2019	February	-2
2019	March	-4
2019	April	-3
2019	May	-3
2019	June	0
2019	July	2
2019	August	0
2019	September	-2

Consumer confidence, seasonally adjusted
Year	Month	balance (average of the component questions)
2015	October	12
2015	November	14
2015	December	13
2016	January	11
2016	February	6
2016	March	2
2016	April	6
2016	May	7
2016	June	11
2016	July	9
2016	August	9
2016	September	12
2016	October	17
2016	November	20
2016	December	21
2017	January	21
2017	February	22
2017	March	24
2017	April	26
2017	May	23
2017	June	23
2017	July	25
2017	August	26
2017	September	23
2017	October	23
2017	November	22
2017	December	25
2018	January	24
2018	February	23
2018	March	24
2018	April	25
2018	May	23
2018	June	23
2018	July	23
2018	August	21
2018	September	19
2018	October	15
2018	November	13
2018	December	9
2019	January	1
2019	February	-2
2019	March	-4
2019	April	-3
2019	May	-3
2019	June	0
2019	July	2
2019	August	0
2019	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.

Sources

StatLine - Consumer confidence, economic climate and willingness to buy

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

Sources

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