Netherlands: Consumers more confident in August 2015
August 20, 2015
The seasonally-adjusted consumer confidence indicator produced by the Central Bureau of Statistics (CBS) climbed from July’s 4 points to 6 points in August. Prior to July’s slump, confidence already reached 6 points in June, marking an almost-eight-year high. As a result, the index moved further above the 0-point threshold, which indicates that optimists outnumber pessimists. This represents the fourth consecutive month in which consumer sentiment was in positive territory.
Consumer confidence in August improved as consumers were more upbeat about the general economic situation than in July. Conversely, their willingness to buy receded slightly.