Consumer confidence hardly changes

© Hollandse Hoogte / Peter Hilz
According to Statistics Netherlands (CBS), the mood among Dutch consumers has hardly changed. The consumer confidence indicator stands at -1 in October, up from -2 in September. Consumers’ willingness to buy has improved slightly, while opinions on the economic climate have remained more or less the same.

At -1, the consumer confidence indicator in October 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
2015November14
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
October-1

Willingness to buy slightly improving, opinions on economic climate more or less the same

Consumers’ willingness to buy has improved slightly in October. This component indicator stands at 1, up from -1 in September. Opinions of consumers on their financial situation over the past twelve months are slightly less negative and opinions on their financial situation in the coming twelve months are slightly more positive. They also find the time more favourable to make large purchases.

The component indicator on Economic climate hardly changed: from -3 in September to -4 in October. This is due to consumers being less positive about the economic climate in the past twelve months.

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