Netherlands: Dutch consumers remain cautiously optimistic in May
May 23, 2016
Dutch consumer sentiment was unchanged in May, remaining in optimistic territory for a second consecutive month following March’s dip. The seasonally-adjusted consumer confidence indicator produced by Statistics Netherlands rested at plus 1 point in May. As a result, the index sat above the 0-point threshold, which indicates that optimists outnumber pessimists.
The stable consumer confidence reading mainly reflected that consumer’s willingness to buy did not change compared to April. Moreover, households’ assessment of the general economic climate was almost unchanged, registering a marginal increase. The uptick came on the back of consumer’s growing optimism regarding the economic situation in the next 12 months, while their assessment of the past 12 months weakened slightly.