Consumer confidence hardly changed

© CBS / Nikki van Toorn
According to Statistics Netherlands (CBS), the mood among Dutch consumers has hardly changed. In January, the consumer confidence indicator stands at -3, down from -2 in December. Both opinions on the economic climate and consumers’ willingness to buy remain more or less the same.

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).

Consumer confidence, seasonally adjusted
YearMonthbalance (average of the component questions)
February6
March2
April6
May7
June11
July9
August9
September12
October17
November20
December21
2017January21
2017February22
2017March24
2017April26
2017May23
2017June23
2017July25
2017August26
2017September23
2017October23
2017November22
2017December25
2018January24
2018February23
2018March24
2018April25
2018May23
2018June23
2018July23
2018August21
2018September19
2018October15
2018November13
2018December9
2019January1
2019February-2
2019March -4
2019April-3
2019May-3
2019June0
2019July2
2019August0
2019September-2
2019October-1
2019November-2
2019December-2
2020January-3


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.

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