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Financial News: Dutch Consumer Confidence Remains Stable; Household Spendi

Dutch Consumer Confidence Remains Stable; Household Spending Growth Eases

10/20/2017 - 01:02:00 (RTTNews)

(RTTNews) - Dutch consumer confidence remained stable in October and household spending grew at a slower pace in August, figures from the Central Bureau of Statistics showed Friday.

The consumer sentiment index held steady at 23 points in October.

Judgment on the economic climate as well as willingness to buy remained unchanged in October. The indicator measuring the assessment of economic situation came in at 43 and that for willing to buy at 10.

In a separate communique, the statistical office said consumer spending growth eased to 2.3 percent in August from 2.7 percent a month ago.

The measure has been rising since October 2014. Households spent more on home furnishing and clothing in August.

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