Netherlands: Consumer confidence picks up but remains pessimistic in September
September 22, 2021
Consumer confidence rose to minus 5.0 in September from August's minus 6.0. Despite the uptick, the index remained below the 0-threshold, separating pessimism from optimism among consumers.
The reading reflected less pessimistic views on the general economy climate, amid less downbeat views on the economy in the past 12 months, whereas attitudes towards the economy in the year ahead turned slightly less upbeat, offsetting a downtick in consumers’ willingness to buy, as views on households’ financial situation in the past 12 months deteriorated.
Author: Jan Lammersen, Economist