Consumer confidence hardly changed in January

© ANP
In January, confidence among Dutch consumers has hardly changed, as reported today by Statistics Netherlands (CBS). The consumer confidence indicator stands at -19, up from -20 in December.

At -19, the consumer confidence indicator in January stands far below its long-term average over the past two decades (-7). The indicator reached an all-time high (36) in January 2000 and an all-time low (-41) in March 2013.

Consumer confidence, seasonally adjusted
YearMonthbalance (average of the component questions)
2017February22
2017March24
2017April26
2017May23
2017June23
2017July25
2017August26
2017September23
2017October23
2017November22
2017December25
2018January24
2018February23
2018March24
2018April25
2018May23
2018June23
2018July23
2018August21
2018September18
2018October15
2018November13
2018December9
2019January0
2019February-2
2019March -4
2019April-3
2019May-3
2019June0
2019July2
2019August0
2019September-2
2019October-1
2019November-2
2019December-2
2020January-3
2020February-2
2020March-2
2020April-22
2020May-31
2020June-27
2020July-26
2020August-29
2020September-28
2020October-30
2020November-26
2020December-20
2021January-19

Economic sentiment virtually the same

Consumers’ sentiment about the general economic situation is almost the same as in December. This component indicator stands at -39, up from -40. Consumers are slightly less pessimistic about the economic situation in the next twelve months, but slightly more pessimistic over the past twelve months than in December.

Willingness to buy unchanged

Consumers’ willingness to buy stands at -6, just like in December. Consumers are slightly more optimistic about their financial situation for the next twelve months and slightly less negative about the financial situation over the past twelve months. Furthermore, they find the time for large purchases more unfavourable.