The Dutch consumer confidence index declined to 9 in December 2018 from 13 in the previous month. It was the lowest reading since August 2016 as households' assessment towards the economic climate weakened markedly (17 vs 24 in November), as consumers were less positive regarding the economic situation over the past 12 months (27 vs 32) and over the next 12 months (7 vs 17). In addition, the willingness to buy softened (3 vs 5), as households' sentiment on their financial situation over the past 12 months deteriorated further (-5 vs -3) and those on their financial situation over the next year declined noticeably (2 vs 5). Also, they found time less favorable for making large purchases (12 vs 15). Consumer Confidence in Netherlands averaged 0.88 Index Points from 1986 until 2018, 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 12.00 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 15.00 in 12 months time. In the long-term, the Netherlands Consumer Confidence is projected to trend around 10.00 Index Points in 2020, according to our econometric models.