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Netherlands: Consumer mood negative for first time in 4 years

Staff Writer | February 21, 2019
For the first time since March 2015, the mood among Dutch consumers is negative, according to Statistics Netherlands (CBS).
Netherlands
Europe   The consumer confidence indicator still remains above its long-term average
The consumer confidence indicator stands at -2 in February, down from 1 in January. Opinions of Dutch consumers on the economic climate as well as their willingness to buy have deteriorated slightly.

With a score of -2 in February, the consumer confidence indicator still remains above 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).

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

Consumers’ willingness to buy has also deteriorated in February : -3, down from -1 in January. Consumers are more negative about their personal financial situation in the past 12 months and about buying expensive, durable items.


 

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