The Dutch consumer confidence index dropped to -4 in March 2019 from -2 in the previous month. This was the second straight month of negative reading and slightly below the average of -3 reported for the past twenty years. Households' assessment towards the economic climate worsened (-3 vs 1 in February), as deterioration was seen for both the assessment of the next 12 months (-15 vs -13) and the past (9 vs 14). Also, the willingness to buy fell slightly (-4 vs -3) as sentiment regarding the financial situation over the past 12 months deteriorated further (-9 vs -8). Furthermore, the consumers found time for making large purchases less favorable (0 vs 2). Consumer Confidence in Netherlands averaged 0.86 Index Points from 1986 until 2019, reaching an all time high of 36 Index Points in January of 2000 and a record low of -41 Index Points in February of 2013.
Consumer Confidence in Netherlands is expected to be -6.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Netherlands to stand at -4.00 in 12 months time. In the long-term, the Netherlands Consumer Confidence is projected to trend around -2.00 Index Points in 2020, according to our econometric models.