Consumer confidence drops to lowest level ever in April

© CBS / Nikki van Toorn
Statistics Netherlands (CBS) reports that Dutch consumers have never been gloomier than this month. Consumer confidence stands at -48, down from -39 in March. The previous low was reached in March 2013 during the Eurozone crisis. In April 2022, consumers were more pessimistic than ever about the economy while the willingness to buy also reached an all-time low.

At -48, the consumer confidence indicator in April is positioned well below its long-term average over the past two decades (-8). The indicator reached an all-time high (36) in January 2000 while the all-time low (-48) was reached in April 2022. CBS has been measuring consumer confidence since April 1986.

Consumer confidence, seasonally adjusted
yearmonthbalance (average of the component questions)
2013januari-37
2013februari-41
2013maart-41
2013april-37
2013mei-32
2013juni-33
2013juli-35
2013augustus-32
2013september-31
2013oktober-26
2013november-16
2013december-11
2014januari-6
2014februari-2
2014maart1
2014april4
2014mei6
2014juni6
2014juli5
2014augustus2
2014september-2
2014oktober1
2014november-2
2014december-4
2015januari-2
2015februari-1
2015maart7
2015april10
2015mei11
2015juni14
2015juli13
2015augustus13
2015september11
2015oktober12
2015november14
2015december13
2016januari11
2016februari6
2016maart2
2016april6
2016mei7
2016juni11
2016juli9
2016augustus9
2016september12
2016oktober17
2016november20
2016december21
2017januari21
2017februari22
2017maart24
2017april26
2017mei23
2017juni23
2017juli25
2017augustus26
2017september23
2017oktober23
2017november22
2017december25
2018januari24
2018februari23
2018maart24
2018april25
2018mei23
2018juni23
2018juli23
2018augustus21
2018september18
2018oktober15
2018november13
2018december9
2019januari1
2019februari-2
2019maart-3
2019april-3
2019mei-3
2019juni-1
2019juli1
2019augustus-1
2019september-2
2019oktober-1
2019november-2
2019december-2
2020januari-2
2020februari-2
2020maart-3
2020april-23
2020mei-31
2020juni-27
2020juli-26
2020augustus-29
2020september-28
2020oktober-30
2020november-26
2020december-19
2021januari-19
2021februari-19
2021maart-18
2021april-14
2021mei-9
2021juni-3
2021juli-4
2021augustus-6
2021september-5
2021oktober-10
2021november-19
2021december-25
2022januari-28
2022februari-30
2022maart-39
2022april-48

Consumers more pessimistic than ever about the economy

Consumers’ sentiment about the economic climate is more negative than ever this month, with the component indicator at -69, down from -58. Consumers are more negative about the economic situation, both over the past twelve months and for the next twelve months.

Willingness to buy also at lowest level ever

Consumers’ willingness to buy stands at -34, down from -26 in March. This component indicator also reached its lowest level ever. Consumers are more negative about their financial situation in the next twelve months and about their financial position over the past twelve months. Never before have consumers found the time so unfavourable for making major purchases as April 2022.