Dutch Consumer Confidence Drops In February

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Consumer confidence in Netherlands dropped in February, the central Bureau of Statistics said on Monday.

The consumer confidence indicator stood at minus 13 in February, down from minus 10 in the previous month.

In February, the economic sentiment indicator in the next 12 months declined to 6 from 14 in January, while consumers assessment on the economic situation in the past 12 months improved slightly but remained very negative.

Consumers were more pessimistic about their financial situation in the next 12 months along with their past 12 months were negative. Similarly, consumers were slightly less favorable time for major purchases, the indicator fell to minus 7 in February from minus 4 in January.

Consumer confidence in Netherlands dropped in February, the central Bureau of Statistics said on Monday. (Market News Provided by RTTNews)