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.