Netherlands Consumer Confidence

Netherlands

Netherlands: Mood among Dutch consumers recedes from November's over-eight year high in December

December 18, 2015

Dutch consumers were less confident in December. The seasonally-adjusted consumer confidence indicator produced by the Central Bureau of Statistics (CBS) moderated from November’s 9 points, which had marked the highest reading in over eight years, to 6 points in December. Nevertheless, the index remained above the 0-point threshold, which indicates that optimists outnumber pessimists. This represents the eighth consecutive month in which consumer sentiment was in optimistic territory.

Consumer confidence fell because consumers were less optimistic about the economic climate while their willingness to buy remained unchanged and rested in positive territory for a second month in a row.

Met the why particular Consensus Forecast panelists see private consumption expanding 1.6% in 2016, which is down 0.1 percentage points from last month’s estimate. In 2017, the panel expects private consumption to grow 1.7%.


Author: Teresa Kersting, Economist

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Netherlands Consumer Confidence December 2015

Note: Value of consumer confidence indicator index. The 0-point threshold separates optimistic from pessimistic sentiment.
Source: Statistics Netherlands (CBS).


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