Consumer confidence turns from negative to positive

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The mood among Dutch consumers has turned from negative to positive in April. According to Statistics Netherlands (CBS), the consumer confidence indicator has risen by 5 points, from - 4 in March to + 1 in April. This is mainly due to consumers being much more positive about the economic climate. Their willingness to buy has also improved marginally.

With a score of + 1, consumer confidence is significantly above its long-term average over the past two decades (- 8). The indicator reached an all-time high in April 2000 (+ 27) and an all-time low in February 2013 (- 44).

Consumers much more optimistic about the economic climate

In April, Dutch consumers are much more positive about the economy in general than in March. The component indicator economic climate has risen from - 7 in March to + 4 in April. Consumers are far more optimistic about the economic situation in the past and next 12 months.

Consumers’ willingness to buy is also improving slightly in April. This component indicator of consumer confidence now stands at - 1, versus - 2 in March. Dutch consumers think that April is a better month to buy expensive, durable items than March was.


 

consumer confidence April

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