Netherlands Consumer Confidence

Netherlands

Netherlands: Consumers stay confident in September, despite slight moderation in sentiment

September 18, 2015

The seasonally-adjusted consumer confidence indicator produced by the Central Bureau of Statistics (CBS) receded from August’s 6 points, which had marked a nearly-eight-year high, to 5 points in September. Despite the small moderation, the index remained above the 0-point threshold, which indicates that optimists outnumber pessimists. This represents the fifth consecutive month in which consumer sentiment was in optimistic territory.

Consumer confidence dropped as consumers were less upbeat about the general economic situation than they were in August. Conversely, their willingness to buy improved marginally.

FocusEconomics Consensus Forecast panelists see private consumption expanding 1.5% in 2015, which is up 0.1 percentage points from last month’s estimate. In 2016, the panel expects private consumption to grow 1.1%.


Author: Teresa Kersting, Economist

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Netherlands Consumer Confidence Chart


Netherlands Consumer Confidence September 2015

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


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