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Consumer confidence drops again in March

The Dutch consumer confidence index fell further into negative figures in March, national statistics office CBS said on Friday. The...

consumer confidenceThe Dutch consumer confidence index fell further into negative figures in March, national statistics office CBS said on Friday.

The index dropped to -4 this month, compared with -1 in February. Until then sentiment had been positive for almost a year.

The decline is due to increasing pessimism about the Dutch economy, meaning the Dutch are less willing to make major purchases, the CBS said.

The index reached an all-time low in February 2013, when it plunged to -44. It’s high point came in April 2000, when it reached +27.


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