Consumer confidence unchanged in February

© Hollandse Hoogte / Gerard Til
In February, confidence among Dutch consumers has not changed compared to the previous month, as reported today by Statistics Netherlands (CBS). The consumer confidence indicator stands at -19, equal to January.

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)
2017March24
2017April26
2017May23
2017June23
2017July25
2017August26
2017September23
2017October23
2017November22
2017December25
2018January24
2018February23
2018March24
2018April25
2018May23
2018June23
2018July23
2018August21
2018September18
2018October15
2018November13
2018December9
2019January1
2019February-2
2019March -3
2019April-3
2019May-3
2019June-1
2019July1
2019August-1
2019September-2
2019October-1
2019November-2
2019December-2
2020January-2
2020February-2
2020March-3
2020April-23
2020May-31
2020June-27
2020July-26
2020August-29
2020September-28
2020October-30
2020November-26
2020December-20
2021January-19
2021February-19

Economic sentiment slightly deteriorated

Consumers’ sentiment about the general economic situation is slightly more negative compared to January. This component indicator stands at -41, down from -39. Consumers are slightly more pessimistic about both the economic situation in the next twelve months and the economic situation over the past twelve months.

Willingness to buy improved slightly

Consumers’ willingness to buy stands at -5, up from -6 in January. Consumers are slightly more optimistic about their financial situation for the next twelve months but equally pessimistic about their financial situation over the past twelve months. Furthermore, they find the time for large purchases slightly less unfavourable compared to January.