Dutch consumer confidence stays deeply negative at -32 in Sept

With a headline figure of -32, the consumer confidence indicator for September is positioned well below its long-term average for the previous twenty years of -10. The indicator reached its all-time high (36) in January 2000, while the all-time low (-59) was reached in September and October 2022, CBS said in a press release.

Consumers were slightly more pessimistic about the economy in September than they were in August. This component of the indicator fell from -52 to -53. Consumers were equally negative about the economic outlook for the next twelve months, but slightly more negative about the economic situation over the previous twelve months.

In September, willingness to buy was -18, up from -19 in August. Consumers were less negative about their personal financial situation for the next twelve months and equally negative about their financial situation over the previous twelve months. Consumers were just as negative about making large purchases in September as they were in August, added the release.

ALCHEMPro News Desk (SG)