Netherlands Consumer Confidence

Netherlands

Netherlands: Consumer confidence remains virtually unchanged in December

December 18, 2014

The seasonally-adjusted consumer confidence indicator produced by the Central Bureau of Statistics (CBS) inched up from November’s minus 8.0 points to minus 7.0 points in December. As a result, the index still rests below the 0-point threshold, which indicates that pessimists outnumber optimists.

According to the CBS, consumer confidence in December improved only marginally as both consumers’ assessment of the economic climate and their willingness to buy remained fairly stable compared to the previous month.

FocusEconomics Consensus Forecast panelists see private consumption expanding 0.8% in 2015, which is up 0.1 percentage points from last month’s estimate. In 2016, the panel expects private consumption also to grow 0.8%.


Author: Teresa Kersting, Economist

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Netherlands Consumer Confidence December 2014

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


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