Netherlands Consumer Confidence January 2017

Netherlands

Netherlands: Consumer confidence opens year on a high note

January 19, 2017

The seasonally-adjusted consumer confidence indicator produced by Statistics Netherlands increased from December’s plus 12 points to plus 13 points in January, the highest reading since August 2007. The index thus moved further above the 0-point threshold, which indicates that optimistic consumers outnumber pessimistic consumers.

Consumer confidence increased because households grew more positive about the country’s economic climate while their willingness to buy decreased but to a lesser extent.

FocusEconomics Consensus Forecast panelists see private consumption expanding 1.6% in 2017, which is up 0.1 percentage points from last month’s estimate. In 2018, the panel expects private consumption to grow 1.4%.


Author: Massimo Bassetti, Economist

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Netherlands Consumer Confidence January 2017

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


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