At -3, the consumer confidence indicator in January 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).
|Year||Month||balance (average of the component questions)|
Willingness to buy and opinions on economic climate more or less the same
Consumers’ willingness to buy has hardly changed. This component indicator stands at 0, down from 1 in December. Opinions on their financial situation over the past twelve months have deteriorated, while opinions on their financial situation in the coming twelve months have not changed. In addition, consumers find this a slightly less favourable time to make large purchases.
The component indicator Economic climate is also more or less the same: from -8 in December to -7 in January. Consumers are slightly less negative about the economic climate in the coming twelve months.