Consumer confidence virtually unchanged in March

23/03/2021 15:00

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In March, confidence among Dutch consumers remains virtually the same as in the previous month, as reported today by Statistics Netherlands (CBS). The consumer confidence indicator stands at -18, against -19 in February.

At -18, the consumer confidence indicator in March 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
Year	Month	balance (average of the component questions)
2017	April	26
2017	May	23
2017	June	23
2017	July	25
2017	August	26
2017	September	23
2017	October	23
2017	November	22
2017	December	25
2018	January	24
2018	February	23
2018	March	24
2018	April	25
2018	May	23
2018	June	23
2018	July	23
2018	August	21
2018	September	18
2018	October	15
2018	November	13
2018	December	9
2019	January	1
2019	February	-2
2019	March	-3
2019	April	-3
2019	May	-3
2019	June	-1
2019	July	1
2019	August	-1
2019	September	-2
2019	October	-1
2019	November	-2
2019	December	-2
2020	January	-2
2020	February	-2
2020	March	-3
2020	April	-23
2020	May	-31
2020	June	-27
2020	July	-26
2020	August	-29
2020	September	-28
2020	October	-30
2020	November	-26
2020	December	-20
2021	January	-19
2021	February	-19
2021	March	-18

Consumer confidence, seasonally adjusted
Year	Month	balance (average of the component questions)
2017	April	26
2017	May	23
2017	June	23
2017	July	25
2017	August	26
2017	September	23
2017	October	23
2017	November	22
2017	December	25
2018	January	24
2018	February	23
2018	March	24
2018	April	25
2018	May	23
2018	June	23
2018	July	23
2018	August	21
2018	September	18
2018	October	15
2018	November	13
2018	December	9
2019	January	1
2019	February	-2
2019	March	-3
2019	April	-3
2019	May	-3
2019	June	-1
2019	July	1
2019	August	-1
2019	September	-2
2019	October	-1
2019	November	-2
2019	December	-2
2020	January	-2
2020	February	-2
2020	March	-3
2020	April	-23
2020	May	-31
2020	June	-27
2020	July	-26
2020	August	-29
2020	September	-28
2020	October	-30
2020	November	-26
2020	December	-20
2021	January	-19
2021	February	-19
2021	March	-18

Economic sentiment improved slightly

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

Willingness to buy improved marginally

Consumers’ willingness to buy stands at -4, up from -5 in February. Consumers’ opinions about their financial situation for the next twelve months and their financial situation over the past twelve months remain unchanged. Furthermore, they find the time for large purchases slightly less unfavourable compared to February.

Sources

StatLine - Consumer confidence, economic climate and willingness to buy

Economic sentiment improved slightly

Willingness to buy improved marginally

Sources

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