Consumer Confidence Falls Again After Months of Cautious Recovery
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6 Articles
Consumer confidence turned slightly more negative in October compared to the previous month, reports Statistics Netherlands (CBS). Confidence has been under considerable pressure since the start of the war in the Middle East in late February. However, a slight improvement had been visible since June.
Reformatorisch Dagblad
Consumer confidence turned slightly more negative in October compared to the previous month, reports Statistics Netherlands (CBS). Confidence has been under considerable pressure since the start of the war in the Middle East in late February. However, a slight improvement had been visible since June.
The consumer confidence index fell 7.7 percent month-on-month in October to 84.8.
In the Dutch economy, the erosion of real income on household budgets and current CPI dynamics continue to push macroeconomic expectations downwards. The headline consumer confidence index, which reached its highest level in the last two quarters at -33 in September, consolidated at -34 in October with a marginal loss of 1 point.
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