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European Economic News

Dutch Consumer Confidence Remains Stable At -21.0

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

Dutch consumers remained equally pessimistic in December compared to the previous month, data from the Central Bureau of Statistics showed on Friday.

The consumer confidence index stood at -21 in December, the same as in November. Moreover, the indicator in December was well below the 20-year average of -11 points.

Among its components, the economic climate index dropped to -35 from -34 in November, indicating that households are slightly more negative about the economy.

The indicator for willingness to buy improved somewhat to -11 in December from -12 in November. Nonetheless, consumers consider December to be a slightly less unfavorable time for major purchases.

The survey also revealed that about 46 percent of respondents expect unemployment to increase in the next 12 months, while 10 percent anticipate a decrease.

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