Netherlands: Mood among Dutch consumers recedes from November's over-eight year high in December
December 18, 2015
Dutch consumers were less confident in December. The seasonally-adjusted consumer confidence indicator produced by the Central Bureau of Statistics (CBS) moderated from November’s 9 points, which had marked the highest reading in over eight years, to 6 points in December. Nevertheless, the index remained above the 0-point threshold, which indicates that optimists outnumber pessimists. This represents the eighth consecutive month in which consumer sentiment was in optimistic territory.
Consumer confidence fell because consumers were less optimistic about the economic climate while their willingness to buy remained unchanged and rested in positive territory for a second month in a row.