Netherlands Consumer Confidence October 2021

Netherlands

Netherlands: Consumer confidence records worst reading since April in October

October 21, 2021

Consumer confidence came in at minus 10.0 in October, down from September's minus 5.0. October's result marked the worst result since April. As a result, the index remained below the 0-threshold, indicating pessimism among consumers.

The deterioration came on the back of worsening views on the economic climate, due to more downbeat views on the economy in the year ahead, and willingness to buy, with views on households’ financial situation in the next 12 months worsening.

FocusEconomics Consensus Forecast panelists see private consumption expanding 4.8% in 2021. In 2022, the panel expects private consumption to grow 2.8%.


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Netherlands Consumer Confidence October 2021

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


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