A river under the bridge in the Netherlands

Netherlands Consumer Confidence October 2018

Netherlands: Consumer confidence drops again in October but remains elevated

At the start of the final quarter of the year, consumer confidence moderated on the back of a broad-based deterioration in underlying sentiment indicators. The headline figure dropped from 19 in September to 15 in October. However, the reading remained markedly above the long-term average of minus 3 over the last 20 years and easily above the crucial zero-point mark that separates optimism from pessimism among consumers. The indicator has remained in optimistic territory since March 2015.

The decline came on the back of consumers’ less favorable views of the economic situation in the last 12 months and for the year ahead. Similarly, consumers’ willingness to buy dropped due to a less rosy view of their own financial situation in the last 12 months and for the year ahead.

Netherlands Private Consumption Forecast

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