The Dutch consumer confidence index dropped to -2 in February 2019, the first negative reading since February 2015, from 1 in the previous month. Households' assessment towards the economic climate deteriorated (1 vs 3 in January), as consumers' views toward the economic situation over the next 12 months were more pessimistic (-13 vs -9). Also, their willingness to buy worsened (-3 vs -1), as sentiment regarding the financial situation over the past 12 months deteriorated further (-8 vs -6). Furthermore, they found time for making large purchases less favorable (2 vs 5). Consumer Confidence in Netherlands averaged 0.88 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.