Netherlands: Mood among Dutch consumers best in over eight years
November 20, 2015
Dutch consumers grew slightly more confident in November. The seasonally-adjusted consumer confidence indicator produced by the Central Bureau of Statistics (CBS) inched up from October’s 8 points to 9 points in November. Consumers had not been this confident since August 2007. As result, the index remained above the 0-point threshold, which indicates that optimists outnumber pessimists. This represents the seventh consecutive month in which consumer sentiment was in optimistic territory.
Consumer confidence improved because consumers were a bit more positive about the general economic situation and somewhat more willing to buy. In fact, consumers’ willingness to buy turned positive for the first time in over eight years.