No further decline in consumer confidence

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© CBS / Nikki van Toorn
According to Statistics Netherlands (CBS), consumer confidence has not dropped further in April after eight consecutive months of decline. The consumer confidence indicator stands at -3 this month, one point up on the previous month. The willingness to buy has improved slightly, while opinions on the economic climate have not changed.

At -3, the consumer confidence indicator in April stands at 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).

Consumer confidence, seasonally adjusted
YearMonthbalance (average of the component questions)
2015May11
2015June14
2015July13
2015August13
2015September11
2015October12
2015November14
2015December13
2016January11
2016February6
2016March2
2016April6
2016May7
2016June11
2016July9
2016August9
2016September12
2016October17
2016November20
2016December21
2017January21
2017February22
2017March24
2017April26
2017May23
2017June23
2017July25
2017August26
2017September23
2017October23
2017November22
2017December25
2018January24
2018February23
2018March24
2018April25
2018May23
2018June23
2018July23
2018August21
2018September19
2018October15
2018November13
2018December9
2019January1
2019February-2
2019March -4
2019April-3

Willingness to buy improves slightly, opinions on economic climate unchanged

Consumers’ willingness to buy has improved slightly: from -4 in March to -3 in April. Consumers have not changed opinion about their financial situation but do find the time slightly more favourable to make large purchases.

The component indicator on Economic climate remains at -3. In April, consumers are slightly less positive about the economic climate in the past twelve months while their outlook for the coming twelve months is slightly less negative.

Sources

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