Netherlands Consumer Confidence April 2016

Netherlands

Netherlands: Dutch consumers turn optimistic in April

April 20, 2016

Dutch consumer sentiment improved and returned to optimistic territory in April, following March’s slump. The seasonally-adjusted consumer confidence indicator produced by Statistics Netherlands rose from March’s minus 4 points to plus 1 point in April, marking an increase after four consecutive declines. As a result, the index set above the 0-point threshold, which indicates that optimists outnumber pessimists.

Consumer confidence rose mainly because households grew more optimistic regarding the general economic climate. Particularly, they turned more positive regarding both the economic situation in the past 12 months and in the next 12 months. Consumers’ willingness to buy also improved, albeit to a lesser extent.

FocusEconomics Consensus Forecast panelists see private consumption expanding 1.5% in 2016, which is unchanged from last month’s estimate. In 2017, the panel expects private consumption to grow 1.7%.


Author: Teresa Kersting, Economist

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Netherlands Consumer Confidence April 2016

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


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