News Karnataka
Thursday, March 28 2024
Cricket
World

Dutch consumer confidence drops to lowest level

dutch inflation
Photo Credit :

The Hague: Dutch consumers have never been more pessimistic about the economy than in April 2022 amid uncertain economic circumstances and rising inflation, the Netherlands’ Central Bureau of Statistics (CBS) announced.

According to the CBS, consumer confidence in the Netherlands in April stood at -48, down from -39 in March this year, reports Xinhua news agency.

The previous low was reached in March 2013 during the Eurozone crisis.

Consumers are more negative about the economic situation, both over the past 12 months and for the next 12 months.

In addition, the willingness to buy also reached an all-time low.

Never before have consumers found the time so unfavourable for making major purchases as April 2022, the Bureau said.

The CBS has been measuring consumer confidence since April 1986.

Share this:
MANY DROPS MAKE AN OCEAN
Support NewsKarnataka's quality independent journalism with a small contribution.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

To get the latest news on WhatsApp