Netherlands Consumer Confidence November 2020

Netherlands

Netherlands: Consumer confidence improves but remains in negative territory in November.

November 20, 2020

Consumer confidence came in at minus 26.0 in November, up from October's minus 30.0, marking the best reading in four months As such, the index moved closer to the 0-threshold, but still indicated pessimism among consumers.

Attitudes regarding the economic climate turned less sour as consumers views the economy in the year ahead and in the past 12 months less negatively. Moreover, willingness to buy also ticked up; however, it remained in negative territory.

FocusEconomics Consensus Forecast panelists see private consumption expanding 3.1% in 2021. In 2022, the panel expects private consumption to grow 3.0%.


Author:, Economist

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Netherlands Consumer Confidence November 20 20

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


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