Financial News: Dutch Consumer Confidence Weakens, Jobless Rate Remains St

Dutch Consumer Confidence Weakens, Jobless Rate Remains Stable

11/21/2024 - 01:35:00 (RTTNews)

(RTTNews) - Consumers in the Netherlands remained somewhat more negative in November, while the unemployment rate held steady in October, data from the Central Bureau of Statistics showed on Thursday.

The consumer confidence index dropped to -25 in November from -22 in October. Further, the indicator in November was well below the 20-year average of -10 points.

The economic climate sub-indicator worsened to -43 in November from -37 in the prior month. Both consumers' assessment of the economic situation in the past twelve months and their assessment of the economic situation in the coming twelve months deteriorated.

The index measuring willingness to buy stood at -14 in November, the same as in October. Consumers found the timing for making large purchases just as unfavorable as in October.

Separate official data showed that the seasonally adjusted jobless rate remained steady at 3.7 percent. A year ago, it was 3.6 percent.

The number of unemployed people declined to 376,000 in October from 377,000 in September.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

French Manufacturing Confidence Improves In November (36 min(s), 21 sec(s) ago)
(RTTNews) - The confidence among French manufacturers rebounded partially in November after weaken ...Full Story»

Europe New Car Sales Recover In October (01 hr(s), 07 min(s), 21 sec(s) ago)
(RTTNews) - Europe's new car registrations increased in October after two consecutive declines ...Full Story»

Mainland Norway's GDP Expands 0.5% In Q3 (01 hr(s), 22 min(s), 21 sec(s) ago)
(RTTNews) - The Mainland Norwegian economy expanded more than expected in the third quarter, figu ...Full Story»

Dutch Consumer Confidence Weakens, Jobless Rate Remains Stable (02 hr(s), 31 min(s), 21 sec(s) ago)
(RTTNews) - Consumers in the Netherlands remained somewhat more negative in November, while the un ...Full Story»

European Economic News Preview: UK Public Sector Finance Data Due (25 min(s), 39 sec(s) ago)
(RTTNews) - Public sector finances from the UK and new car registrations data from Europe are due ...Full Story»

New Zealand Credit Card Data Due On Thursday (27 min(s), 39 sec(s) ago)
(RTTNews) - New Zealand will on Thursday release October figures for credit card spending, highlig ...Full Story»

Twenty-Year Bond Auction Attracts Well Below Average Demand (02 min(s), 39 sec(s) ago)
(RTTNews) - The Treasury Department announced the results of this month's auction of $16 billi ...Full Story»

U.S. Crude Oil Inventories Edge Modestly Higher (35 min(s), 39 sec(s) ago)
(RTTNews) - Crude oil inventories in the U.S. saw a modest increase in the week ended November 15t ...Full Story»