Netherlands: Consumers are much more positive in June; confidence reaches almost-eight-year-high
June 18, 2015
The seasonally-adjusted consumer confidence indicator produced by the Central Bureau of Statistics (CBS) jumped from May’s 2 points to 6 points in June, reaching the highest level since August 2007. As a result, the index rose further above the 0-point threshold, which indicates that optimists outnumber pessimists. This represents the second consecutive month in which consumer sentiment was in positive territory.
Consumer confidence in June rose mainly as consumers were more optimistic about the economic climate. In addition, their willingness to buy recorded a moderate improvement.