The Dutch consumer confidence index rose to 2 in July 2019, the highest since December last year, from 0 in the previous month. Households' assessment towards the economic climate strengthened strongly (6 vs 2 in June), as their views in the past twelve months were more positive (13 vs 11), while their outlook for the coming year were much less negative (-1 vs -7). In addition, the willingness to buy improved slightly (-1 vs -2), amid a slight recovery in consumers's opinions about both their financial situation in the next twelve months (1 vs 0) and in the past year (-7 vs -8). Also, households found the for making large purchases were a bit more favorable (5 vs 4). Consumer Confidence in Netherlands averaged 0.85 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 -8.00 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.