Saturday 16 November 2019

Consumer confidence drops again in March

consumer confidenceThe Dutch consumer confidence index fell further into negative figures in March, national statistics office CBS said on Friday.

The index dropped to -4 this month, compared with -1 in February. Until then sentiment had been positive for almost a year.

The decline is due to increasing pessimism about the Dutch economy, meaning the Dutch are less willing to make major purchases, the CBS said.

The index reached an all-time low in February 2013, when it plunged to -44. It’s high point came in April 2000, when it reached +27.

DutchNews.nl has been free for 13 years, but now we are asking our readers to help. Your donation will enable us to keep providing you with fair and accurate news and features about all things Dutch.
Donate via Ideal, credit card or Paypal.