Dutch consumer confidence marginally down

In July, Dutch consumers were far more negative about the economic climate in the next 12 months than in the preceding month. In June, consumers’ opinions about the future economic climate had also deteriorated considerably. Their opinions on the economic climate in the past 12 months were as negative in July as in June. On balance, the component indicator economic climate fell by 4 points to -57.

Willingness-to-buy remained stable in July at -25. Dutch consumers were more pessimistic about their own financial situation in the next twelve months than in June, but this was offset by a less pessimistic attitude towards their own financial situation in the past twelve months. Consumers’ opinions about the question whether it is a favourable time to buy expensive items, like washing machines and TV sets, hardly changed.

Consumer confidence, seasonally adjusted