Consumer confidence hardly changed

22/01/2020 15:00

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According to Statistics Netherlands (CBS), the mood among Dutch consumers has hardly changed. In January, the consumer confidence indicator stands at -3, down from -2 in December. Both opinions on the economic climate and consumers’ willingness to buy remain more or less the same.

At -3, the consumer confidence indicator in January stands above its long-term average over the past two decades (-4). The indicator reached an all-time high in January 2000 (36) and an all-time low in March 2013 (-41).

Consumer confidence, seasonally adjusted
Year	Month	balance (average of the component questions)
	February	6
	March	2
	April	6
	May	7
	June	11
	July	9
	August	9
	September	12
	October	17
	November	20
	December	21
2017	January	21
2017	February	22
2017	March	24
2017	April	26
2017	May	23
2017	June	23
2017	July	25
2017	August	26
2017	September	23
2017	October	23
2017	November	22
2017	December	25
2018	January	24
2018	February	23
2018	March	24
2018	April	25
2018	May	23
2018	June	23
2018	July	23
2018	August	21
2018	September	19
2018	October	15
2018	November	13
2018	December	9
2019	January	1
2019	February	-2
2019	March	-4
2019	April	-3
2019	May	-3
2019	June	0
2019	July	2
2019	August	0
2019	September	-2
2019	October	-1
2019	November	-2
2019	December	-2
2020	January	-3

Consumer confidence, seasonally adjusted
Year	Month	balance (average of the component questions)
	February	6
	March	2
	April	6
	May	7
	June	11
	July	9
	August	9
	September	12
	October	17
	November	20
	December	21
2017	January	21
2017	February	22
2017	March	24
2017	April	26
2017	May	23
2017	June	23
2017	July	25
2017	August	26
2017	September	23
2017	October	23
2017	November	22
2017	December	25
2018	January	24
2018	February	23
2018	March	24
2018	April	25
2018	May	23
2018	June	23
2018	July	23
2018	August	21
2018	September	19
2018	October	15
2018	November	13
2018	December	9
2019	January	1
2019	February	-2
2019	March	-4
2019	April	-3
2019	May	-3
2019	June	0
2019	July	2
2019	August	0
2019	September	-2
2019	October	-1
2019	November	-2
2019	December	-2
2020	January	-3

Willingness to buy and opinions on economic climate more or less the same

Consumers’ willingness to buy has hardly changed. This component indicator stands at 0, down from 1 in December. Opinions on their financial situation over the past twelve months have deteriorated, while opinions on their financial situation in the coming twelve months have not changed. In addition, consumers find this a slightly less favourable time to make large purchases.

The component indicator Economic climate is also more or less the same: from -8 in December to -7 in January. Consumers are slightly less negative about the economic climate in the coming twelve months.

Sources

StatLine - Consumer confidence, economic climate and willingness to buy

Willingness to buy and opinions on economic climate more or less the same

Sources

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