Dutch consumers more negative again
With a headline figure of -26, the consumer confidence indicator for December is positioned well below its long-term average for the previous twenty years (-10). The indicator reached its all-time high (36) in January 2000, while the all-time low (-59) was reached in September and October 2022. Since April 1986, CBS has monitored consumer confidence every month, based on the consumer survey. Consumer confidence is assessed using 5 questions, where the balance of positive and negative responses is taken from each question. If all consumers are positive, the balance is 100. If all consumers are negative, the balance is -100.
year | month | balance (average of the component questions) |
---|---|---|
2021 | January | -19 |
2021 | February | -19 |
2021 | March | -18 |
2021 | April | -14 |
2021 | May | -9 |
2021 | June | -3 |
2021 | July | -4 |
2021 | August | -6 |
2021 | September | -5 |
2021 | October | -10 |
2021 | November | -20 |
2021 | December | -26 |
2022 | January | -28 |
2022 | February | -30 |
2022 | March | -39 |
2022 | April | -48 |
2022 | May | -47 |
2022 | June | -50 |
2022 | July | -51 |
2022 | August | -54 |
2022 | September | -59 |
2022 | October | -59 |
2022 | November | -56 |
2022 | December | -52 |
2023 | January | -49 |
2023 | February | -44 |
2023 | March | -39 |
2023 | April | -37 |
2023 | May | -38 |
2023 | June | -39 |
2023 | July | -39 |
2023 | August | -40 |
2023 | September | -39 |
2023 | October | -38 |
2023 | November | -33 |
2023 | December | -29 |
2024 | January | -28 |
2024 | February | -27 |
2024 | March | -22 |
2024 | April | -21 |
2024 | May | -22 |
2024 | June | -23 |
2024 | July | -24 |
2024 | August | -24 |
2024 | September | -21 |
2024 | October | -22 |
2024 | November | -25 |
2024 | December | -26 |
Consumers more pessimistic about the economy
Consumers are more pessimistic about the economy in December than they were in November. This component of the indicator fell to -45, compared to -43 in November. Consumers’ assessment of both the economic situation over the previous twelve months and the economic outlook for the next twelve months has deteriorated.
Willingness to buy slightly more negative
Willingness to buy among consumers stood at -13 in December, down from -12 in November. Consumers’ opinions on their personal financial situation over the previous 12 months were virtually the same, while their assessment of the next 12 months slightly deteriorated. Consumers were slightly less negative about making large purchases in December than they were in November.
December (balance % positive answers and % negative answers) | November (balance % positive answers and % negative answers) | ||
---|---|---|---|
Consumer confidence | Average component questions | -26 | -25 |
Economic climate | Economic situation past 12 months | -54 | -51 |
Economic climate | Economic situation next 12 months | -37 | -34 |
Willingness to buy | Financial situation last 12 months | -11 | -11 |
Willingness to buy | Financial situation next 12 months | 0 | 1 |
Willingness to buy | Good time to buy consumer durables | -27 | -28 |
Sources
Related items
- Dossier - Business cycle