In April, consumer confidence stood at -22. The supplemental survey of the indicator shows a further decline of the indicator to -27. This is mainly due to a further deteriorated opinion on the economic climate. Willingness to buy remains virtually the same.
Opinions on the economic climate deteriorating further
Consumers have become more negative about the economic situation than they were during the regular survey in April. The Economic climate component indicator has deteriorated from -31 to -44. Opinions on the economic climate over the past twelve months as well as the next twelve months have deteriorated further.
Consumers’ willingness to buy hardly changing
Consumer willingness to buy has increased slightly from -17 to -15. Consumers are more positive about their financial situation over the past twelve months. Their opinions about their financial situation in the twelve months ahead has not changed. Furthermore, consumers find this time to be almost as unfavourable to make large purchases as during the regular survey.