Netherlands Consumer Confidence November 2016


Netherlands: Consumer confidence remains unchanged at high level in November

Dutch consumer sentiment remained unchanged at a very high level in November. The seasonally-adjusted consumer confidence indicator produced by Statistics Netherlands in November stayed at October’s plus 12 points, which had marked the highest reading since August 2007. The index thus remained well above the 0-point threshold, which indicates that optimistic consumers outnumber pessimistic consumers.

Consumer confidence remained unchanged because the more positive assessment in households’ future financial situation was offset by a slightly weaker willingness to buy.

FocusEconomics Consensus Forecast panelists see private consumption expanding 1.4% in 2016, which is unchanged from last month’s estimate. In 2017, the panel expects private consumption to accelerate and grow 1.6%, which is also unchanged from last month’s projection.

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Netherlands Consumer Confidence Chart

Netherlands Consumer Confidence November 2016

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

Netherlands Economic News

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  • Netherlands: Economic growth in the Netherlands maintains momentum due to private consumption

    November 15, 2016

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  • Netherlands: PMI strengthens in October

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    The NEVI Manufacturing Purchasing Managers’ Index (PMI), produced by IHS Markit and NEVI, rose from 53.4 in September to 55.7 in October, the best reading since July 2015.

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