Netherlands Consumer Confidence February 2017


Netherlands: Consumer confidence reaches almost ten-year high in February

February 20, 2017

The seasonally-adjusted consumer confidence indicator produced by Statistics Netherlands increased from January’s plus 13 points to plus 14 points in February, 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 and their willingness to buy improved marginally.

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 Chart

Netherlands Consumer Confidence February 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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