Financial News: Dutch Consumers Slightly More Pessimistic In October

Dutch Consumers Slightly More Pessimistic In October

10/22/2024 - 02:26:00 (RTTNews)

(RTTNews) - Consumers in the Netherlands remained somewhat more negative in October, mainly due to a slight deterioration in willingness to buy, data from the Central Bureau of Statistics showed on Tuesday.

The consumer confidence index dropped marginally to -22 in October from -21 in September. Further, the indicator in June was well below the 20-year average of -10 points.

Among components, the economic climate sub-indicator remained stable at -37.0. Consumers' assessment of the economic situation in the past twelve months deteriorated, while their opinion regarding the economic situation in the coming twelve months improved marginally. .

The index measuring willingness to buy dropped to -12 in October from -11 a month ago. However, consumers found the time for making major purchases somewhat less unfavorable than in September.

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