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Consumer confidence is again less negative in November than a month earlier, reports Statistics Netherlands (CBS). Consumer confidence rises from -27 in October to -21 in November. This is the largest improvement in nearly 4.5 years. Especially the assessment of the economic climate improves in November.

With -21, consumer confidence in November is below the average over the past twenty years (-10). Confidence reached its highest level ever in January 2000 (36) and its lowest ever in September and October 2022 (-59). CBS has measured consumer confidence every month since April 1986 based on the consumer survey. Consumer confidence is an average of 5 sub-questions, where the balance of positive and negative answers is taken for each question. If all consumers are positive, the balance is 100. If all consumers are negative, the balance is -100.