Netherlands Consumer Confidence


Consumers more confident in August 2015

The seasonally-adjusted consumer confidence indicator produced by the Central Bureau of Statistics (CBS) climbed from July’s 4 points to 6 points in August. Prior to July’s slump, confidence already reached 6 points in June, marking an almost-eight-year high. As a result, the index moved further above the 0-point threshold, which indicates that optimists outnumber pessimists. This represents the fourth consecutive month in which consumer sentiment was in positive territory.

Consumer confidence in August improved as consumers were more upbeat about the general economic situation than in July. Conversely, their willingness to buy receded slightly.

FocusEconomics Consensus Forecast panelists see private consumption expanding 1.5% in 2015, which is up 0.1 percentage points from last month’s estimate. In 2016, the panel expects private consumption to grow 1.1%.

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Netherlands Consumer Confidence Chart

Netherlands Consumer Confidence August 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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