Netherlands: Consumer confidence records worst reading since April in October
Consumer confidence came in at minus 10.0 in October, down from September’s minus 5.0. October’s result marked the worst result since April. As a result, the index remained below the 0-threshold, indicating pessimism among consumers.
The deterioration came on the back of worsening views on the economic climate, due to more downbeat views on the economy in the year ahead, and willingness to buy, with views on households’ financial situation in the next 12 months worsening.