Consumer confidence rising again

Consumer confidence, seasonally corrected, rose in November 2005 in comparison with October. This is the second month in a row that consumer confidence is rising. The rise in consumer confidence in November is due to the fact that consumers are less negative about the economic climate, and more willing to buy.

Consumers are more positive about the economic climate in November than they were in October. Consumers’ opinions on the economic climate in the past twelve months improved substantially. Consumers were also less negative about the economic situation in the twelve months to come.

Dutch consumers are slightly less negative about their willingness to buy in November than in October. Willingness to buy is based on the opinion consumers have about their households’ financial situation and on the question whether or not this is a good time for major purchases. The opinion consumers had about their own financial situation over the last twelve months improved. Their opinion about their financial situation over the next twelve months remained virtually unchanged. Consumers replied slightly less negative to the question whether or not this is a good time for major purchases.

Consumer confidence, seasonally adjusted