Consumers less negative once again

These are the most recent figures on this topic. View the previous figures here.
© CBS / Nikki van Toorn
The mood among consumers has improved for the seventh consecutive month in March, according to Statistics Netherlands (CBS). Consumer confidence for March stands at -22, compared to -27 in February. Both the assessment of the economic situation and consumers’ willingness to buy have improved.

At -22, the consumer confidence indicator for March is positioned well below its long-term average for the past two decades (-10). The indicator reached an all-time high (36) in January 2000, while the all-time low (-59) was reached in September and October 2022. CBS has monitored consumer confidence every month since April 1986 based on the consumer survey. Consumer confidence is an average of 5 sub-questions, where the balance of positive and negative answers is taken from each question. If all consumers are positive, the balance is 100. If all consumers are negative, the balance is -100.

Consumer confidence, seasonally adjusted
yearmonthbalance (average of the component questions)
2020April-23
2020May-31
2020June-27
2020July-26
2020August-29
2020September-28
2020October-30
2020November-26
2020December-19
2021January-19
2021February-19
2021March-18
2021April-14
2021May-9
2021June-3
2021July-4
2021August-6
2021September-5
2021October-10
2021November-20
2021December-26
2022January-28
2022February-30
2022March-39
2022April-48
2022May-47
2022June-50
2022July-51
2022August-54
2022September-59
2022October-59
2022November-56
2022December-52
2023January-49
2023February-44
2023March-39
2023April-37
2023May-38
2023June-39
2023July-39
2023August-40
2023September-39
2023October-38
2023November-33
2023December-29
2024January-28
2024February-27
2024March-22

Consumers less pessimistic about the economy

Consumers are less pessimistic about the economy in March than they were in February. This component of the indicator rose to -35, compared to -41 in February. Consumers’ assessment of the economic situation over the past twelve months has improved, but their assessment of the economic outlook for the next twelve months has worsened slightly.

Willingness to buy less negative

Willingness to buy among consumers stands at -14 in March, up from -17 in February. Both consumers’ assessment of their own financial situation over the last 12 months and their assessment of the next 12 months have improved. Consumers also became slightly less negative about making large purchases in March than they were in February.

Consumer confidence: component indicators, seasonaly adjusted
   March (balance % positive answers and % negative answers)February (balance % positive answers and % negative answers)
Consumer confidenceAverage component questions-22-27
Economic climateEconomic situation past 12 months-42-56
Economic climateEconomic situation next 12 months-27-26
Willingness to buyFinancial situation last 12 months-12-16
Willingness to buyFinancial situation next 12 months42
Willingness to buyGood time to buy consumer durables-33-37