Consumer confidence further down

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© CBS / Nikki van Toorn
According to Statistics Netherlands (CBS), the mood among Dutch consumers in March 2019 is more negative for the eighth consecutive month. The consumer confidence indicator has dropped 2 points and stands at -4. Opinions of Dutch consumers on the economic climate are more negative. Willingness to buy has also deteriorated slightly.

With a score of -4 in March, the consumer confidence indicator is slightly below its long-term average over the past two decades (-3). The indicator reached an all-time high in January 2000 (36) and an all-time low in March 2013 (-41).

Opinions on economic climate more negative and willingness to buy deteriorating

In March, Dutch consumers are more negative about the economic climate than in February. This component indicator of consumer confidence has dropped from 1 to -3. Opinions on the economic climate in the past twelve months as well as in the coming twelve months have deteriorated.

Consumers’ willingness to buy also has deteriorated slightly in March : -4, down from -3 in February. Consumers are more negative about their personal financial situation in the past 12 months and about buying expensive, durable items.

Sources

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