Methodological description of the Consumer Confidence Survey during the Corona crisis.
Monthly consumer confidence figures are estimated based on a structural time series model. The corona crisis had a large effect on the volatility of these monthly figures. This paper describes how the time series model was adjusted to account for the temporary increase in volatility in consumer confidence figures. In the first three months of the first lockdown, CBS increased the publication frequency to two figures per month. This paper describes the methodology on which these figures are based.
