Consumer Confidence Index in the Netherlands declines for the third month in a row


The consumer confidence index of the Netherlands dropped to 15 points in October from 19 points a month earlier, data from the Statistics Netherlands showed. According to, the index has been falling for three months in a row amid a reduction in the Dutch readiness to buy because of falling economic expectations, which have deteriorated to 28 points from 34 points. The indicator of readiness to buy was 6 points, having dropped from 8 points. There is a pessimistic attitude of households regarding their financial situation. According to the Statistics, the growth rate of household spending in August slowed from the two previous months to 2.2% in annual terms.

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