Consumer confidence hardly changed in July

© CBS / Alrik Swagerman
In July, confidence among Dutch consumers has hardly changed, as reported today by Statistics Netherlands (CBS). The consumer confidence indicator stands at -4, down from -3 in June. Consumers’ sentiment about the general economic situation has slightly improved and consumers’ willingness to buy has deteriorated.

At -4, the consumer confidence indicator in July stands above the long-term average over the past two decades (-8). 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)
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
2021March-18
2021April-14
2021May-9
2021June-3
2021July-4

Consumers less negative about the economy

Consumers’ sentiment about the general economic situation is less negative compared to June. This component indicator stands at -10, up from -12. Consumers are less negative about the economic situation over the past twelve months, but less positive about the economic situation in the next twelve months.

Willingness to buy deteriorated

Consumers’ willingness to buy stands at 0, down from 3 in June. Consumers’ opinions about their financial situation for the next twelve months and over the past twelve months have deteriorated. Furthermore, they find the time for large purchases more unfavourable compared to June.