Netherlands Consumer Confidence February 2021

Netherlands

Netherlands: Consumer confidence unchanged in February

February 18, 2021

Consumer confidence came in at minus 19.0 in February, matching January's reading and remaining markedly below the long run average of minus 7.0.

The print reflected a slightly more pessimistic view on the economic climate in February, as views regarding the economy in the next 12 and the past 12 months worsened. This was offset by an uptick in willingness to buy, driven by a more upbeat view on the financial situation of households in the year ahead.

FocusEconomics Consensus Forecast panelists see private consumption expanding 2.9% in 2021. In 2022, the panel expects private consumption to grow 3.5%.


Author:, Economist

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Netherlands Consumer Confidence February 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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