Netherlands Consumer Confidence December 2021

Netherlands

Netherlands: Consumer confidence hits one-year low December

December 21, 2021

Consumer confidence fell to minus 25.0 in December from November’s minus 19.0. December's result marked the worst reading in a year. As a result, the index moved further below the 0-threshold, separating pessimism from optimism among consumers.

The deterioration was mainly due to worsening views on the general economic climate and a continued slide in willingness to buy. Furthermore, consumers are more pessimistic about the economy in the past and in the next 12 months, while their views regarding their’ financial situation for the same periods also deteriorated.

FocusEconomics Consensus Forecast panelists see private consumption expanding 4.8% in 2022, which is up 0.1 percentage points from last month’s forecast. In 2023, the panel expects private consumption to grow 2.2%.


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Netherlands Consumer Confidence December 2021 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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