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Dutch consumer confidence sees slight boost in October 2023

26 Oct '23
1 min read
Pic: Adobe Stock/onlyyouqj
Pic: Adobe Stock/onlyyouqj

Insights

  • In October 2023, consumer confidence in the Netherlands improved slightly to -**, up from -** in September—below the long-term average of -**.
  • Consumers' outlook on the economic climate and their willingness to buy both showed improvement.
  • The specific component tracking economic sentiment increased to -** in October from -** in September.

At -**, the consumer confidence indicator in October is positioned well below its long-term average over the past two decades at -**. The indicator reached an all-time high at ** in January **** while the all-time low at -** was reached in September and October ****, according to Statistics Netherlands (CBS).

Consumers are somewhat less pessimistic about the economy in October than they were in September. This component indicator increased to -**, compared to -** in September. Both consumers&#**; opinions about the economic situation in the past ** months and opinions about the economic situation in the next ** months are slightly less negative.

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