Consumer confidence plummets

Consumers’ confidence in the economy fell sharply again in September and is now 50 points below February’s high, the national statistics office CBS said on Tuesday.

The index also fell in August. Such a sharp drop has never been recorded over a two-month period, the CBS said.
The economic confidence index now stands at -53, compared with -3 in February.
Consumers are also more negative about their own economic prospects and are less willing to make major purchases, the CBS said.

Thank you for donating to

We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.

Make a donation