The Dutch consumer confidence index dropped to 0 in August 2019 from 2 in the previous month. Households' assessment towards the economic climate turned to negative for the first time in three months (-1 vs 6 in July), as their views for the coming year were much more pessimistic (-10 vs -1), while those in the past twelve months were less positive (9 vs 13). At the same time, the willingness to buy improved a bit (0 vs -1), as consumers's opinions about their financial situation in the past year were slightly less negative (-6 vs -7), with households found the time for making large purchases becoming a little more favorable (6 vs 5). Meanwhile, consumers were slightly less positive about their financial situation in the next twelve months (0 vs 1). Consumer Confidence in Netherlands averaged 0.84 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 -3.00 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 -3.00 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.