Netherlands Consumer Confidence November 2017

Netherlands

Netherlands: Consumer confidence stable in November

November 22, 2017

In November, the seasonally-adjusted consumer confidence index remained stable at 23 points, where it has been for the past two months. As a result, the confidence index remained firmly anchored above the critical zero-point mark, distinguishing optimism from pessimism among Dutch households. Since March 2015, consumer confidence has been positive, and November’s reading is significantly higher than the long-term average over the last 20 years of minus 3 points.

Consumers’ view regarding the domestic economy became slightly less optimistic than in the previous month; their views on both the economy in the last 12 months and in the next 12 months worsened somewhat. Their willingness to buy, however, remained unchanged. Consumers’ view regarding their financial situation in the year ahead were stable, and consumers are slightly more likely to make major purchases.

FocusEconomics Consensus Forecast panelists see private consumption expanding 1.7% in 2018, which is down 0.1 percentage points from last month’s estimate. In 2019, the panel expects private consumption to grow 1.8%.


Author:, Economist

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Netherlands Consumer Confidence November 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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