Netherlands Consumer Confidence

Netherlands

Netherlands: Consumer confidence climbs back into positive territory in May

May 22, 2015

The seasonally-adjusted consumer confidence indicator produced by the Central Bureau of Statistics (CBS) rose from April’s 0.0 points to 2.0 points in May. As a result, the index moved back above the 0-point threshold, which indicates that optimists outnumber pessimists. In March, the index had climbed above the threshold for the first time since August 2007, but sentiment moderated and fell back into neutral territory in April.

Consumer confidence in May rose mainly as consumers were more optimistic about the economic climate. In addition, their willingness to buy recorded a slight improvement.

FocusEconomics Consensus Forecast panelists see private consumption expanding 1.2% in 2015, which is unchanged from last month’s estimate. In 2016, the panel expects private consumption to grow 1.0%.


Author: Teresa Kersting, Economist

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Netherlands Consumer Confidence May 2015 0

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


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