Dutch Consumer Confidence Remains Stable; Spending Growth Eases

Dutch consumer confidence remained stable in December, data from the Central Bureau of Statistics showed on Friday.

Household spending growth slowed in October after accelerating in the previous month.

The consumer confidence index remained unchanged at minus 2 in December.

The consumer confidence index has remained above the average of minus 4 over the for past 20 years.

The economic climate sub-index fell to minus 8 in December from minus 5 in the previous month and the indicator for willingness to buy was steady at 1.

Further, households were more negative regarding the economy for the next 12 months and less positive regarding the past twelve months.

Another report from the statistical office showed that household spending grew in October driven by higher purchases of home furnishing and household appliances, and cars.

However, consumer spending grew at a pace of 1.7 percent annually in October, slower than 1.9 percent increase in September.



by WooHoo Ireland


Woooo Fx Education

Camden Street Lower, St Kevin's, Dublin 2, Ireland D 02 XE 80 | +353-214-651-000 |info@woohooai.com

currency hedger logo_small.png
woohoo fx eu_gdpr_compliant_logo.png

Trading in leveraged currency contracts comes with substantial risk. You must be aware of these risks before opening an account to trade. High leverage amplifies gains as well as losses, leading to potential loss of the entire account balance. Trading in leveraged currency contracts may not be suitable for every investor. Never speculate using money that you cannot afford to lose.

© 2019 by WoOHOo Fx. Proudly created with WoOHoO AI Ireland

  • Facebook
  • Twitter
  • LinkedIn
  • Instagram