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Dutch consumer confidence shows improvement in November 2023

Despite this improvement, the current consumer confidence level remains significantly below the long-term average of minus ** observed over the past two decades. The index had reached its peak at ** in January **** and plummeted to an all-time low of minus ** in September and October ****.

A key driver of this change in sentiment is the less pessimistic view of the economy. The specific indicator reflecting opinions about the economy has increased to minus ** in November, up from minus ** in October. This improvement encompasses consumers&#**; perspectives on both the past and the upcoming twelve months, with both showing less negativity, as per CBS.